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

Wetstechnische informatie

Gegevens van de regeling
Organisatie	Sint Maarten
Organisatietype	Koninkrijksdeel
Officiële naam regeling	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
Citeertitel	Regulation maximum prices petroleum products
Vastgesteld door	Minister van Toerisme_x002C_ Economische Zaken_x002C_ Verkeer en Telecommunicatie
Onderwerp	financiën en economie
Eigen onderwerp

Opmerkingen met betrekking tot de regeling

Deze regeling is vervangen door de Regulation maximum prices petroleum products van 14 april 2018.

Wettelijke grondslag(en) of bevoegdheid waarop de regeling is gebaseerd

Article 2 Pricing Regulation

Overzicht van in de tekst verwerkte wijzigingen
Datum inwerkingtreding	Terugwerkende kracht tot en met	Datum uitwerkingtreding	Betreft	Datum ondertekening Bron bekendmaking	Kenmerk voorstel
30-01-2018		18-04-2018	nieuwe regeling	25-01-2018 AB 2018, 109	.

Tekst van de regeling

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.

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: