S.L. 378.9 Art. 5APrice Reductions.

(1) Any announcement of a price reduction shall indicate the prior price applied by the trader for a determined period of time prior to the application of the price reduction.

(2) The prior price means the lowest price applied by the trader during a period of time not shorter than thirty (30) days prior to the application of the price reduction:

Provided that for goods which are liable to deteriorate or expire rapidly, the prior price is the one applied immediately before the price reduction:

Provided further that if the goods have been on the market for less than thirty (30) days, the prior price means the lowest price applied by the trader during this period:

Provided further that when the price reduction is progressively increased, the prior price is the price without the price reduction before the first application of the price reduction.