Regeling vervallen per 18-04-2018

Decision of the Minister of Tourism, Economic Affairs, Traffic and Telecommunications from Sint Maarten containing rules about maximum prices for petroleum products Regulation maximum prices petroleum products

Geldend van 30-01-2018 t/m 17-04-2018

Intitulé

Regulation of the Minister of Tourism, Economic Affairs, Traffic and Telecommunications from January 25th, 2018, to determine the maximum wholesale price and maximum retail prices for petroleum products (Regulation maximum prices petroleum products)

THE MINISTER OF TOURISM, ECONOMIC AFFAIRS, TRAFFIC AND TELECOMMUNICATIONS,

Having considered that it is desirable to determine the maximum permissible wholesale and retail prices for petroleum products;

In view of Article 2 of the Pricing Regulation;

DECISION:

Article 1

This regulation understands under:

  • a.

    Sales: selling or offering for sale;

  • b.

    Retail Price: selling price to the consumer;

  • c.

    Wholesale price: selling price to retailers.

Article 2

It is forbidden to sell petroleum products listed in the Annex, against a higher wholesale price and retail price than the price indicated in the table

Appendix.

Article 3

This regulation repeals the Regulation maximum prices petroleum products from November 10th 2017.

Article 4

This Ministerial Regulation, given the urgent importance under Article 127, third and fourth paragraph, of the Constitution, shall go into effect on the first day following the date of issue of the official public bulletin in which it is placed.

Article 5

This regulation shall be cited as: Regulation maximum prices petroleum products.

This regulation along with the elucidation will be placed on the official public bulletin board.

Ondertekening

The Minister of Tourism, Economic Affairs,
Traffic and Telecommunications
The twentyfifth of January, 2018
The Minister of Tourism, Economic Affairs,
Traffic and Telecommunications
Uitgegeven de negenentwintigste januari 2018 De Minister van Algemene Zaken
Namens deze,
Hoofd Afdeling Juridische Zaken & Wetgeving

Appendix attached to the Ministerial Regulation from January 25th, 2018, regarding the execution of Article 2 of the Prices Regulation (Ministerial Regulations prices of petroleum products).

Types of petroleum products

Wholesale per liter (retailer price)

Gasoline

NAf 1.784

Diesel

NAf 1.400

Types of petroleum products

Retail price per liter (consumer price)

Gasoline

NAf 2.025

Diesel

NAf 1.602

ELUCIDATION

In this Ministerial Regulation, the maximum wholesale and retail prices of petroleum products are established. The prices are listed in the Annex of this Regulation. Article 2 of the Pricing Regulation gives the Minister the authority to issue conditions pertaining to the prices of goods and services, when it is the opinion of the Minister that prices violate or threaten to violate the public interest.

Article specific

Article 1 governs the definitions. The wholesale price is the highest permissible price at which petroleum products can be sold from the wholesaler to the retailer. The retail price is the highest permissible price at which petroleum products can be sold from the retailer to the consumer. The effective date is the date in which the posted price was set by the international market.

Article 2 governs the most recent maximum price for petroleum products, as indicated in the table attached. Due to the fluctuations in international prices of petroleum products, the Ministry of Tourism, Economic Affairs, Traffic and Telecommunication moves to adjust petroleum prices on St. Maarten to follow international tends.

The maximum wholesale and retail process of gasoline and diesel are to be adjusted to the prices indicated in the table below:

afbeelding binnen de regeling