✨ Wheat Trade Regulations
Dec. 22.] THE NEW ZEALAND GAZETTE. 4611
tions created by the present war it has become necessary to make special
provisions for the maintenance, control, regulation, and management of
those industries through the establishment of a scheme for the purchase
and sale of wheat by the Government of New Zealand:
Now, therefore, His Excellency the Governor-General of the Dominion
of New Zealand, acting by and with the advice and consent of the
Executive Council of that Dominion, and in pursuance of the authority
conferred upon him in that behalf as aforesaid, doth hereby make the
following regulations under the War Regulations Act, 1914, and doth
hereby revoke the regulations made under that Act on the tenth day of
September, one thousand nine hundred and seventeen, relative to the
purchase of wheat, and doth hereby also revoke clause one of the regula-
tions made on the fifth day of February, one thousand nine hundred and
seventeen, under the War Regulations Amendment Act, 1916, requiring
returns of purchases of wheat.
———
REGULATIONS.
-
THESE regulations may be cited as the Wheat Trade Regulations.
-
In these regulations, except where a contrary intention appears, —
“Wheat” means wheat of any kind or quality grown in New
Zealand during the season 1917–1918:
“Free wheat” means—
(a.) Any wheat after its purchase and resale by the Govern-
ment in pursuance of the scheme of purchase set forth
in these regulations;
(b.) Any wheat which has been offered to the Government for
purchase in pursuance of the said scheme of purchase
and has been rejected as being unmerchantable or other-
wise not of the kind or quality required by the Govern-
ment:
“Good milling-wheat” means wheat suitable for milling and of
fair average quality for the season as determined in accordance
with the custom of the trade, or of a quality superior thereto:
“Government” means His Majesty the King in respect of the
Government of the Dominion of New Zealand.
PART I.—PRIVATE DEALINGS IN WHEAT PROHIBITED.
-
Save in accordance with and pursuance of the scheme of purchase
and sale set forth in these regulations, it shall not be lawful for any
person, whether as principal, agent, or otherwise, to purchase or agree
or offer to purchase any wheat other than free wheat, or to be concerned
in the making of any such purchase, agreement, or offer by any other
person, whether in New Zealand or elsewhere, or to be concerned in the
fulfilment or performance of any agreement for the purchase of any
such wheat, whether such agreement has been made in New Zealand or
elsewhere, and whether it has been made before or after the making of
these regulations. -
Save in accordance with and pursuance of the scheme of purchase
and sale set forth in these regulations, it shall not be lawful for any
person, whether as principal, agent, or otherwise, to sell or agree or offer
to sell any wheat other than free wheat, or to be concerned in the making
of any such sale, agreement, or offer by any other person, whether in
New Zealand or elsewhere, or to be concerned in the fulfilment or per-
formance of any agreement for the sale of any such wheat, whether such
agreement has been made in New Zealand or elsewhere, and whether it
has been made before or after the making of these regulations. -
In the foregoing regulations the terms “purchase” and “sale”
include any mode of acquisition or disposition by agreement other than
acquisition or disposition by way of security only. -
For the purposes of the foregoing regulations an option or right
of purchase or sale shall be deemed to be an agreement to purchase or to
sell, as the case may be. -
Notwithstanding anything in these regulations, it shall be lawful
for the grower of any wheat to sell any quantity or quantities thereof
not exceeding in the aggregate 100 bushels to any other wheat-grower for
use by the purchaser as seed-wheat.
PART II.—CONTROL OF THE WHEAT TRADE.
-
Good milling-wheat will be purchased and resold by the Govern-
ment in accordance with the scheme hereinafter in these regulations set
forth. -
All purchases and sales of wheat by the Government will be effected
through the agency of brokers appointed by the Board of Trade and
acting on account of the Government, and hereinafter referred to as
Government brokers.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1917, No 181
NZLII —
NZ Gazette 1917, No 181
✨ LLM interpretation of page content
🏭
Fixing the Maximum Price of Wheat
(continued from previous page)
🏭 Trade, Customs & Industry22 December 1917
Wheat, Maximum Price, Regulation of Trade and Commerce Act, Order in Council
🏭 Wheat Trade Regulations
🏭 Trade, Customs & IndustryWheat, Trade Regulations, Government Purchase, Government Sale, War Regulations Act