Section 338: Speculating fraudulently
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
338. Speculating fraudulently
Tous ceux qui, par des voies ou Any person who, by any fraudulent
moyens frauduleux quelconques, ways or means, causes a rise or fall
auront opéré la hausse ou la baisse in the price of provisions or merdu prix des denrées ou marchandises chandise, or of public bills or securities
ou des papiers et effets publics, au- above or below the price which would
dessous des prix qu’aurait détermi- have been determined by a natural
nés la concurrence naturelle et libre and fair commercial competition,
du commerce, seront punis d’une shall be punished by imprisonment
peine d’emprisonnement qui ne pour- for a term not exceeding 100,000
ra excéder un an et d’une amende rupees.
qui n’excèdera pas 100,000 roupies.
[S. 338 amended by Act 5 of 1999; s. 8 (a) of Act 36 of 2008 w.e.f. 6 December 2008.]
[Issue 2] C57 – 98
Revised Laws of Mauritius
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Questions this section answers
- What is the penalty for fraudulently manipulating the price of goods or public securities?