10. Every broker so appointed shall hold office at the will of the Board of Trade.

11. Government brokers will be required to give to the Government such security as the Board of Trade may require for the due performance of their contract with the Government and for due obedience to these regulations.

12. The general control, supervision, and execution of this scheme of purchase and sale will be in the hands of a Controller appointed by the Minister of Agriculture and acting on behalf of the Government, and hereinafter called the Wheat Controller.

13. The headquarters of the Wheat Controller shall be at Christchurch.

14. There will be associated with the Wheat Controller an advisory committee to be known as the Wheat Trade Committee, and to consist of such representatives of the wheat-growers, flour-millers, and Government brokers as the Board of Trade may from time to time appoint.

15. Every Government broker will be appointed for a particular district to be defined by the Board of Trade in appointing such broker, and it shall not be lawful for any such broker to purchase for the Government under these regulations any wheat grown elsewhere than in the district for which he has been appointed.

PART III.—PURCHASES OF WHEAT BY THE GOVERNMENT.

16. Government brokers will buy good milling-wheat on account of the Government at the following prices:—

A. Good milling-wheat grown in the South Island:—

1. Sold for delivery free on board at the nearest port—

   (a.) In January, February, or March, 1918, 5s. 10d. per bushel.

   (b.) In April, 1918, 5s. 10½d. per bushel.

   (c.) In May, 1918, 5s. 11d. per bushel.

   (d.) In June, 1918, 5s. 11½d. per bushel.

   (e.) In July, 1918, 6s. per bushel.

   (f.) In August, 1918, 6s. 0½d. per bushel.

   (g.) In or after September, 1918, 6s. 1d. per bushel.

2. Sold for delivery otherwise than free on board at the nearest port—

   A price equivalent as regards the seller to the prices aforesaid.

B. Good milling-wheat grown in the North Island:—

1. Sold for delivery free on board at the nearest port, being Wellington, Wanganui, New Plymouth, Napier, Gisborne, or Auckland—

   The same price as that of good milling-wheat grown in the South Island and sold for delivery free on board at the nearest port, with an addition of 4d. per bushel.

2. Sold for delivery otherwise than free on board at the ports aforesaid—

   A price equivalent as regards the seller to the price aforesaid.

3. Government brokers will not purchase on behalf of the Government any wheat other than good milling-wheat: nevertheless it shall not be lawful for any person to sell wheat of any quality otherwise than to the Government until and unless it has been offered to a Government broker for sale to the Government in pursuance of these regulations, and has been rejected as unmerchantable or as not being good milling-wheat.

4. In these regulations “nearest port” means the port of entry under the Customs Act, 1913, nearest to the place where the wheat is grown.

5. Sacks will be paid for, in addition to the above prices, at the fair market value not exceeding 10½d. each.

6. When wheat is sold to a Government broker without express agreement as to the month of delivery it shall be deemed to be sold for delivery in the month in which the contract is made.

7. When wheat is sold to a Government broker for delivery by instalments in different months or on different terms or conditions, the sale of each instalment shall be deemed to be a separate contract.

8. Save in special cases at the express direction of the Wheat Controller and on such terms as may be approved by him, wheat will be so purchased by a Government broker only on the terms that the seller will deliver the same to a purchaser from the Government as directed by the broker, whether free on board, on rail, direct to the purchaser’s store, or otherwise. Save as aforesaid, the Government broker will in no case accept delivery on behalf of the Government, or act as a ware-