Wheat Price Regulation




Mar. 20.] THE NEW ZEALAND GAZETTE. 915

(e.) In August, 1920, 7s. 5d. per bushel for Tuscan, 7s. 8d. per bushel for Hunters, 7s. 11d. per bushel for Pearl.
(f.) In September, 1920, 7s. 5½d. per bushel for Tuscan, 7s. 8½d. per bushel for Hunters, 7s. 11½d. per bushel for Pearl.
(g.) In or after October, 1920, 7s. 6d. per bushel for Tuscan, 7s. 9d. per bushel for Hunters, 8s. per bushel for Pearl.

(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 or in the Provincial Districts of Nelson or Marlborough:—
(1.) Sold for delivery free on rail at the nearest railway-station—
The same price as that fixed by subclause A hereof for good milling-wheat grown in the South Island (elsewhere than in Nelson or Marlborough) 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 rail at the nearest railway-station—
A price equivalent as regards the seller to the price aforesaid.

  1. 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.

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

  3. Sacks will be paid for, in addition to the above prices, at the fair market value, not exceeding 2s. 4d. for 48 in. sacks and 2s. 3d. for 46 in. sacks.

  4. 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.

  5. 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.

  6. 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 warehouseman for the Government. The Government broker may, however, act at the same time as the broker, agent, or warehouseman, either of the seller to the Government or of the buyer from the Government, on such terms as may be mutually agreed upon by the parties.

  7. All wheat so purchased by the Government shall become the property of the Government on delivery thereof in accordance with the terms of the contract if the wheat is in conformity with the contract.

  8. (1.) On such delivery of wheat the Government broker, on being satisfied that the wheat so delivered is in accordance with the contract, will forward to the Wheat Controller a voucher in duplicate, in such form as the Controller may require, authorizing the payment of the contract price.

(2.) The sum so payable will be paid by the Wheat Controller as imprestee to the seller or to any other person authorized by the seller in that behalf by a written authority transmitted through the broker to the Controller.

(3.) Such payments will be made on the 1st and 14th days of each calendar month in the case of all vouchers duly received by the Controller at least seven days before any such pay-day.

(4.) If any such pay-day is a holiday, payment will be made on the next following business-day.

  1. Every contract made by a Government broker for the purchase of wheat on account of the Government shall be made in accordance with and shall incorporate the provisions of these regulations so far as applicable to contracts of purchase, and the rights and obligations of the parties shall be determined accordingly.


Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1920, No 30


NZLII PDF NZ Gazette 1920, No 30





✨ LLM interpretation of page content

🏭 Fixing the Maximum Price of Wheat (continued from previous page)

🏭 Trade, Customs & Industry
Wheat, Price Regulation, Order in Council, Scheme