✨ Price Stabilization Regulations




2286

THE NEW ZEALAND GAZETTE.

[No. 69

  1. No person who on the said fixed day was engaged in the business
    of selling any goods shall sell goods of the same nature and quality
    in the same quantity and on the same terms as to payment, delivery,
    or otherwise at a price which is higher than the lowest price at which
    he sold or was willing to sell such goods on the said fixed day.

  2. No person who on the said fixed day was engaged in the business
    or profession of performing any services shall perform similar services
    at a rate or for a fee which is higher than the rate or fee at or for which
    he performed or was willing to perform such services on the said
    fixed day.

  3. No person who commences in any locality to be engaged in the
    business of selling any goods after the said fixed day shall sell such
    goods in that locality at a price exceeding the standard price thereof
    on the said fixed day.

  4. No person who commences in any locality to be engaged in the
    business or profession of performing any services shall perform similar
    services in that locality at a rate or for a fee exceeding the standard
    rate thereof on the said fixed day.

  5. No person shall purchase any goods for purposes of hoarding
    whether in contemplation of ultimate resale or disposal or ultimate
    personal consumption or otherwise howsoever, and no person shall
    sell any goods to any other person whether for resale or otherwise if
    he is of opinion or if circumstances exist under which he would
    reasonably be of opinion that such other person requires such goods
    for purposes of hoarding and not for normal use in the course of
    business or for normal consumption.

  6. Except as may otherwise be provided under the authority of
    regulations made under the principal Act, no person being in possession
    of goods for mercantile purposes shall destroy or hoard such goods,
    or shall refuse to sell such goods or to make them available for sale in
    any case where he is offered a price not lower than the lowest price
    at which he sold or was willing to sell goods of the same nature and
    quality in the same quantity and on the same terms as to payment,
    delivery, or otherwise on the said fixed day, or in the case of a person
    referred to in Regulation 7 hereof where he is offered a price not lower
    than the standard price:

Provided, however, that in any case where the Minister may, in
accordance with the provisions of the next succeeding regulation,
authorize the sale of any goods at a price other than the price aforesaid,
the price so authorized shall be the price at which sale shall not be
refused as provided in this regulation.

  1. (1) Notwithstanding anything in these regulations, the Minister
    may, by notice made and published by him in such manner as he
    thinks fit, authorize the sale of any goods or performance of any
    services in any specified locality at a price, rate, or fee exceeding the
    price, rate, or fee aforesaid by such amount as the Minister thinks
    fit to specify, or at such price, rate, or fee (exceeding the price, rate,
    or fee aforesaid) as the Minister thinks fit to specify, and no sale of
    such goods or performance of services in that locality in accordance
    with the authority so granted by the Minister shall be deemed to be
    a breach of Regulations 5 to 8 hereof.


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✨ LLM interpretation of page content

πŸ›οΈ Price Stabilization Emergency Regulations 1939 (continued from previous page)

πŸ›οΈ Governance & Central Administration
1 September 1939
Emergency Regulations, Price Stabilization, Public Safety Conservation Act