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[Cites 0, Cited by 0] [Section 3] [Entire Act]

State of Kerala - Subsection

Section 3(3) in Kerala Essential Articles Control Act, 1986

(3)Where any person sells any essential article in compliance with an order made with reference to clause (e) of sub-section (2), there shall be paid to him the price therefor, as hereinafter provided:-
(a)where the price can, consistently with the controlled price, if any, fixed under this section, be agreed upon the agreed price ;
(b)where no such agreement can be reached, the price calculated with reference to the controlled price, if any ;
(c)where neither clause (a) not clause (b) applies, the price calculated at the market rate prevailing in the locality at the date of sale.