Wheat Trade Regulations




Mar. 20.] THE NEW ZEALAND GAZETTE. 919

(g.) Particulars of any terms or conditions which are not in accordance with the established custom of the trade at the date of these regulations:

(h.) If the contract is made or evidenced by any written document, a copy of that document:

(i.) A declaration made by or on behalf of the purchaser that the price of the wheat is not in excess of the maximum price as fixed at the date of the contract by any Order in Council made under the Regulation of Trade and Commerce Act, 1914.

(2.) Nothing in this clause shall render necessary a return of any contract for the purchase of wheat in any quantity less than 50 bushels, save that two or more contracts made by the same purchaser at or substantially at the same time (whether from the same or different sellers) shall be deemed to be one contract for the purpose of this exemption.

PART IX.—SEED WHEAT.

  1. Notwithstanding anything to the contrary in these regulations, a Government broker in purchasing wheat on account of the Government may, with the permission of the Wheat Controller, resell that wheat or any part thereof to the broker himself as seed wheat at the price at which he purchased it for the Government with the addition of 1½d. per bushel.

  2. No commission shall be payable to the broker in respect either of the purchase or resale of any wheat so dealt with.

  3. The Government broker shall pay to the Government the purchase-money for all seed wheat so purchased by him in cash on the delivery of the wheat to the broker in pursuance of the contract.

  4. In all other respects these regulations shall apply to any such resale by the Government to a Government broker in the same manner as if the Government broker were an independent third person purchasing the wheat from the Government through that broker.

  5. Save with the permission of the Wheat Controller it shall not be lawful for a broker who has so purchased seed wheat to dispose of it in any manner otherwise than by the sale thereof as seed wheat to farmers.

  6. Any surplus of seed wheat so purchased by a Government broker and undisposed-of by sale to farmers before the close of the sowing season of the year 1920 may be demanded by the Wheat Controller for the Government, and shall thereupon be resold to the Government by the broker at the price hereinbefore prescribed for good milling-wheat sold to the Government for delivery in the month in which such demand was made by the Wheat Controller.

PART X.—SALE OF OLD WHEAT OF THE SEASON 1917–18.

  1. Nothing in the foregoing regulations shall apply to wheat of the season 1917–18 (hereinafter referred to as old wheat of the season 1917–18), and, save as herein otherwise provided, all such wheat that has not been disposed of before the date of the making of these regulations shall remain subject to the Wheat Trade Regulations, 1917.

  2. (1.) Old wheat of the season 1917–18 will be purchased by Government brokers at the prices fixed by clause 16 of the Wheat Trade Regulations, 1917, for wheat to be delivered in or after the month of September, 1918. Sacks will be paid for at the price fixed by clause 19 of these regulations in lieu of the price fixed by clause 19 of the Wheat Trade Regulations, 1917.

(2.) All old wheat of the season 1917–18 so purchased shall be sold by Government brokers as if it were wheat of the season 1919–20 sold to the Government for delivery during the month in which it is sold by the Government. Clause 33 of the Wheat Trade Regulations, 1917, is hereby modified in so far as it is inconsistent with this clause.

  1. Every person who sells old wheat of the season 1917–18 to the Government shall disclose in writing to the Government broker the fact that it is old wheat of the season 1917–18, and every seller of old wheat of the season 1917–18 who fails to make such disclosure commits an offence against these regulations, and shall be liable under the War Regulations Act, 1914, accordingly.

  2. Every person who is knowingly concerned in the sale to or purchase by the Government of any old wheat of the season 1917–18 at a price in excess of the prices fixed by the Wheat Trade Regulations, 1917, for wheat to be delivered in the month of October, 1919, commits an offence against these regulations, and shall be liable under the War Regulations Act, 1914, accordingly.

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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, Government Brokers, Offences