Section 10: Limitation of stocks
consolidated text (as at 2013, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
10. Limitation of stocks
(1) On or before 31 December each year, the Permanent Secretary shall,
in the light of the prevailing market conditions, lay down the maximum quantities of the various substances and preparations that each licensed private
enterprise and specially authorised State-owned enterprise under this Part
may manufacture or stock, during the following year, as required for the
normal conduct of its business.
(2) The Permanent Secretary may at any time alter the limits laid down
by him in accordance with subsection (1), and shall promptly notify each licensee in writing of the limits applicable to it under subsection (1) or, as the
case may be, under this subsection.
(3) The Permanent Secretary may, where he is satisfied that a person
authorised to stock a dangerous drug holds a quantity in excess of his annual
entitlement, requisition the surplus quantity of the drug upon payment of an
amount not less than the amount paid to acquire the drug.
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Questions this section answers
- Is there a limit on how much of a controlled drug a licensed company may stock or manufacture?