Maximum retail price for coconuts

A Gazette notification was issued by the Government announcing a maximum retail price for coconut with effect from yesterday.

The Gazette notification was issued by the Consumer Affairs Authority (CAA) Chairman Major General Shantha Dissanayake (Retd.) under the CAA Act of No 9 of 2003 last night.

Accordingly, the maximum retail price for a coconut with circumference 13 inches was announced as Rs.70 per nut.

A coconut with a circumference 12 to 13 inches to be sold at Rs.65 per nut while a coconut with a circumference below 12 inches to be sold at a price of Rs.50 per nut.

Meanwhile, the CAA ordered that no producer, distributor or trader would allow to sell, expose or offer for sale or display coconuts above the maximum retail price mentioned in the Gazette notification. (Chaturanga Samarawickrama)