Translation:Act Repealing the Announcement of the Chief of the Council for Democratic Reform No 8, 2550 BE
Volume 124, Issue 19A
Royal Gazette
5 April 2550
![Seal of the Royal Command](http://upload.wikimedia.org/wikipedia/commons/thumb/3/37/Seal_of_command_of_Thai_monarch.svg/140px-Seal_of_command_of_Thai_monarch.svg.png)
Act
Repealing the Announcement of the Chief of the Council
for Democratic Reform No 8 Dated the 20th Day of September
2549 Buddhist Era, Re: Prohibition of Hoarding of Goods,
2550 BE
Bhumibol Adulyadej R
Given on the 31st day of March 2550 BE
Being the 62nd year of the present reign
Phrabat Somdet Phra Paramin Maha Bhumibol Adulyadej gives a great royal command by which He orders with His pleasure that it be announced as follows:
Whereas it is appropriate to repeal the Announcement of the Chief of the Council for Democratic Reform No 8 dated the 20th day of September 2549 Buddhist Era, Re: Prohibition of hoarding of goods;
Therefore, He grants with His gracious pleasure, by and with the advice and consent of the National Legislative Assembly, the enactment of the following Act:
Section1.This Act is called the Act Repealing the Announcement of the Chief of the Council for Democratic Reform No 8 Dated the 20th Day of September 2549 Buddhist Era, Re: Prohibition of Hoarding of Goods, 2550 BE.
Section2.This Act shall come into force from the day following the day of its publication in the Royal Gazette onwards.
Section3.The Announcement of the Chief of the Council for Democratic Reform No 8 dated the 20th day of September 2549 Buddhist Era, Re: Prohibition of hoarding of goods shall be repealed.
General Surayud Chulanont
Prime Minister
Note: The grounds for promulgation of this Act are as follows: After the issuance of the Announcement of the Chief of the Council for Democratic Reform No 8 dated the 20th day of September 2549 Buddhist Era, Re: Prohibition of hoarding of goods, which, in essence, prohibits hoarding of goods or increase of prices of goods of every kind by anyone and designates a criminal punishment for violators thereof, the situations in general have now improved and the hoarding of goods or the pricing of goods or services can be regulated by the powers under the Act on Prices of Goods and Services, 2542 BE, making it appropriate to repeal the said Announcement in order to allow the conduct of businesses and the fixing of prices to be governed by the market mechanism and in order to bring about fairness to the economic sector. It is therefore necessary to enact this Act.
This work is a translation and has a separate copyright status to the applicable copyright protections of the original content.
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This work is in the public domain worldwide because it originated in Thailand and is a work under section 7(2) of Thailand's Copyright Act, 2537 BE (1994) (WIPO translation), which provides:
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Translation: |
I, the copyright holder of this work, hereby release it into the public domain. This applies worldwide. In case this is not legally possible: I grant anyone the right to use this work for any purpose, without any conditions, unless such conditions are required by law.
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