MAY 19] THE NEW ZEALAND GAZETTE 1199

Price Order No. 1002 (Imported Sports Goods)

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PURSUANT to the Control of Prices Act, 1947, the Price Tribunal, acting with the authority of the Minister of Industries and Commerce, doth hereby make the following Price Order:—

1. This Order may be cited as Price Order No. 1002.

2. This Order shall come into force on the 23rd day of May, 1949.

3. In this Order “landed cost” in relation to any goods means the gross invoice cost of the goods increased by 1 per cent. thereof (to cover incidental expenses such as the cost of cables, letters of credit, bank interest (other than exchange), demurrage, carrier’s waiting-time, wastage, and pillage) and further increased by such charges as have been incurred with respect to :—

   (a) Packing :
   (b) Lading and transport to ship :
   (c) Insurance :
   (d) Overseas freight :
   (e) Overseas buying commission :
   (f) Exchange :
   (g) Local landing charges :
   (h) Duty :
   (i) Sales-tax (where incurred at the time the goods are landed) :

and then reduced by the amount of any discounts allowed.

APPLICATION OF THIS ORDER

4. This Order applies with respect to the sports goods specified in the First Schedule hereto that are imported into New Zealand.

FIXING MAXIMUM WHOLESALE PRICES

5. Subject to the provisions of this Order the maximum price that may be charged by a wholesaler for any goods to which this Order applies when sold to a retailer shall not exceed the sum of the following amounts :—

   (a) The landed cost of the goods :
   (b) The maximum percentage of the landed cost specified in the second column of the First Schedule hereto in relation to the goods :
   (c) Where the wholesaler’s premises are situated at a place other than the port of entry, the appropriate proportion of transport costs payable by the wholesaler in respect of the transport of the goods from the port of entry to his premises :

    Provided that transport costs calculated under this paragraph shall not exceed the amount that would have been incurred had the goods been transported by a common carrier at current freight rates.

FIXING MAXIMUM RETAIL PRICES

6. (1) Subject to the provisions of this Order the maximum price that may be charged by a retailer for any goods to which this Order applies shall not exceed the sum of the following amounts :—

   (a) The wholesale cost of the goods to the retailer :
   (b) Any sales-tax payable by the retailer in respect of the goods :
   (c) The appropriate maximum percentage of the sum of the amounts specified in paragraphs (a) and (b) hereof, set out in the third column of the First Schedule hereto in respect of the goods :
   (d) The appropriate proportion of transport costs incurred by the retailer in respect of the goods :

    Provided that transport costs calculated under this paragraph shall not exceed the amount that would have been incurred had the goods been transported by a common carrier at current freight rates.

   (2) If in respect of any lot of goods the maximum price calculated in accordance with this clause is not an exact number of pence or half-pence the maximum price of the lot shall be computed to the next upward halfpenny.

   (3) If any goods to which this Order applies are imported by a retailer and sold by him as a retailer the wholesale cost of the goods to the retailer in any such case shall be computed as if the goods had been imported by a wholesaler and sold by him to the retailer.

GENERAL

7. Every person, whether a wholesaler or a retailer, who imports any goods to which this Order applies, shall, on receipt of the goods, forward to the Director of Price Control in such manner as he requires a return in respect of the goods in the form of the Second Schedule hereto :

   Provided that where an importer has furnished a return under this clause in respect of any goods he shall not be obliged, unless specially requested to do so by the Director, to furnish a return in respect of other goods of the same kind unless—

   (a) The landed cost of the other goods is less than the landed cost of the goods to which the return already made relates ; or

   (b) The landed cost of the other goods is more than the landed cost of the goods to which the return already made relates and the importer proposed to charge more for such goods as aforesaid.

8. The terms of sale with respect to all goods to which this Order applies shall be net.

9. Notwithstanding anything in the foregoing provisions of this Order and subject to such conditions, if any, as it thinks fit, the Tribunal, on application by any wholesaler or retailer, may authorize special maximum wholesale or retail prices in respect of any goods to which this Order applies where for any reason extraordinary charges (freight or otherwise) are incurred by the wholesaler or retailer. Any authority given by the Tribunal under this clause may apply with respect to a specified lot or consignment of goods or may relate generally to all goods to which this Order applies sold by the wholesaler or retailer while the approval remains in force.

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FIRST SCHEDULE

MAXIMUM PRICE OF GOODS TO WHICH THIS ORDER APPLIES

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