It is a law to regulate drug price and distribution in India
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Language: en
Added: Jul 07, 2022
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Drug (Control) act 1950 Prepared By : Navneet Kumar (Faculty -Bachelor Of Hospital Management)
Introduction The Drugs Control Act, 1950 is an Act of the Parliament of India which regulates the pricing of drugs. It allows the government to fix the maximum price of any drug. The Act allows the Government of India to control the sales, supply and distribution of any drug in India.
Main Purpose Of The Act An act to provide for the control of sale,supply and distribution of drugs The government can set maximum selling price, maximum quantity to be possessed by dealer and maximum quantity to be sold to one person. The government can impose various restriction of sale.
Main Proposal In The Act The Act require any retailer to give a cash memorandum to the customer for any purchase above ₹ 5, and in case the purchase is below ₹ 5 the retailer must give a memo if the customer demands. The violation of the Act carries a maximum of 3 years with or without fine. In case of corporate violators, every director, manager, secretary, agent or other officer or person concerned with the management may be prosecuted unless he/she the offence occurred without his/her knowledge. The investigating officer must have the rank of Inspector in the police.
Interpretation “dealer” means a person carrying on, either personally or through any other person, the business of selling any drugs, whether wholesale or retail “drug” means any drug as defined in clause (b) of section 3 of the Drugs Act, 1940 (23 of 1940), in respect of which a declaration has been made under section 3 “offer for sale” includes a reference to an intimation by a person of the price proposed by him for a sale of any drug, made by the publication of a price list, by exposing the drug for sale in association with a mark indicating price, by the furnishing of a quotation or otherwise howsoever;