914

THE NEW ZEALAND GAZETTE.

[No. 30

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.

5. 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.

6. 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.

7. Notwithstanding anything in these regulations, it shall be lawful
   for the grower of any wheat to sell to any other wheat-grower and for
   the purchaser to purchase any quantity or quantities thereof not ex-
   ceeding in the aggregate 100 bushels for use by the purchaser as seed-
   wheat.

PART II.—CONTROL OF THE WHEAT TRADE.

8. Good milling-wheat will be purchased and resold by the Govern-
   ment in accordance with the scheme hereinafter in these regulations set
   forth.

9. All purchases and sales of wheat by the Government will be effected
   through the agency of brokers appointed by the New Zealand Board of
   Trade and acting on account of the Government, and hereinafter referred
   to as Government brokers.

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

(2.) Every person holding office on the making of these regulations
as a Government broker pursuant to the Wheat Trade Regulations, 1919,
shall be deemed to have been appointed a Government broker under
these regulations for the district for which he held office under the first-
mentioned regulations.

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

12. (1.) 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.

(2.) The person holding office on the making of these regulations as
the Wheat Controller under the Wheat Trade Regulations, 1919, shall
be deemed to have been appointed as Wheat Controller under and for
the purposes of these regulations.

13. The headquarters of the Wheat Controller shall be at Christ-
    church.

14. (1.) 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.

(2.) The persons holding office on the making of these regulations as
the Wheat Trade Committee under the Wheat Trade Regulations, 1919,
shall be deemed to have been appointed members of the Wheat Trade
Committee under and for the purposes of these regulations.

15. Every Government broker will be appointed for a particular dis-
    trict 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 Govern-
    ment 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 elsewhere than in
    the Provincial Districts of Nelson and Marlborough :—
    (1.) Sold for delivery free on board at the nearest port—
    (a.) In January, February, March, or April, 1920, 7s. 3d.
    per bushel for Tuscan, 7s. 6d. per bushel for Hunters, 7s. 9d.
    per bushel for Pearl.
    (b.) In May, 1920, 7s. 3½ d. per bushel for Tuscan, 7s. 6½ d.
    per bushel for Hunters. 7s. 9½ d. per bushel for Pearl.
    (c.) In June, 1920, 7s. 4d. per bushel for Tuscan, 7s. 7d.
    per bushel for Hunters, 7s. 10d. per bushel for Pearl.
    (d.) In July, 1920, 7s. 4½ d. per bushel for Tuscan, 7s. 7½ d.
    per bushel for Hunters. 7s. 10½ d. per bushel for Pearl.