Prices Justification Act 1973

The Prices Justification Act 1973 defines key terms and establishes the framework for the Tribunal. Section 3 clarifies definitions, while sections 4 and 5 apply the Act to holding companies and those receiving large payments. Section 6 sets up the Tribunal with a chairman and members appointed by the Governor-General. Part II outlines the inquiry process, covering notice, evidence-taking, report submission, and protection for participants, with the Tribunal having powers to require information and take evidence under oath.