(Approved by the State Council on July 10, 1999, promulgated by the State Development and Planning Commission on August 1, 1999, amended in accordance with the Decision of the State Council on Revision of Provisions on Administrative Punishment against Price Violation Act on February 21, 2006)
Article 1 The present Provisions are formulated according to the relevant provisions of the Price Law of the People's Republic of China (hereinafter referred to as The Price Law) for the purpose of punishing price violation act in accordance with law and protecting the lawful rights and interests of consumers and business operators.
Article 2 The competent departments of price of the people's governments at or above the county level shall make supervision and examination on price-related activities in accordance with law and make determinations of the administrative punishment on price violation act.
Article 3 The administrative punishment on any price violation act shall be determined by the competent department of price of the local people's government at the place where such price violation act taken place; if the determination shall be made by its h higher level competent department of price as prescribed by the competent department of price of the State Council, the present provisions shall be complied.