Price Order - Sugar




No. 78

1981

SUPPLEMENT

TO THE

NEW ZEALAND GAZETTE

OF

THURSDAY, 24 OCTOBER 1957

Published by Authority

WELLINGTON: FRIDAY, 25 OCTOBER 1957

Price Order No. 1721 (Sugar, Retail Sales of)

PURSUANT to the Control of Prices Act 1947, the Price Tribunal hereby makes the following price order:

PRELIMINARY

  1. This order may be cited as Price Order No. 1721, and shall come into force on the 28th day of October 1957.

  2. (1) Price Order No. 1695* is hereby revoked.

(2) The revocation of the said order shall not affect the liability of any person for any offence in relation thereto committed before the coming into force of this order.

  1. In this order-

"The company" means the Colonial Sugar Refining Co. Ltd.:

"Distributor" means a duly recognised agent of the company who acquires sugar for resale to retail storekeepers or to bakers, sugar boilers, or other persons using sugar in manufacturing processes, and, with respect to sales of sugar made direct by the company to retail storekeepers or to bakers, sugar boilers, and other persons using sugar in manufacturing processes, includes the company:

"Prevailing wholesale price" means the price chargeable by a distributor to a retailer for sugar in not less than half-ton lots.

APPLICATION OF THIS ORDER

  1. This order applies with respect to retail sales of sugar.

FIXING MAXIMUM PRICES OF SUGAR TO WHICH THIS ORDER APPLIES

Retail Prices

  1. (1) Subject to the provisions of this order, the maximum price that may be charged or received by any retailer for sugar to which this order applies shall be the sum of the following amounts:

(a) The prevailing wholesale price as defined in clause 3 of this order.

(b) Freight and other charges incurred by the retailer in obtaining delivery into store.

(c) A mark-up of 13¼ per cent on (a) plus (b):

Provided that nothing in this order shall authorise the addition of transport costs in excess of those that would have been incurred had the sugar been purchased from a distributor nearest or most convenient of access to the retailer's store and transported by a common carrier at current freight rates.

(2) Where delivery by the retailer of any sugar is effected otherwise than over the counter or, where the sale is not for cash, the maximum price of that sugar shall be the appropriate maximum price as determined by the foregoing provisions of this clause increased by ¼d. per pound, provided that where both such conditions apply the appropriate maximum price shall not be increased by more than ¼d. per pound.

(3) If in respect of any lot of sugar sold by a retailer the maximum price calculated in accordance with the foregoing provisions of this clause is not an exact number of pence or halfpence, the maximum price of the lot shall be calculated to the next upward halfpenny.

PROVISIONS FOR SPECIAL PRICES

  1. Subject to such conditions, if any, as it thinks fit, the Tribunal, on application by any retailer, may authorise special maximum prices in respect of any sugar to which this order applies, where special circumstances exist, or for any reason extraordinary charges (transport or otherwise) are incurred by the retailer.

Dated at Wellington this 24th day of October 1957.

The seal of the Price Tribunal was affixed hereto in the presence of-

H. PEARCE, Presiding Member. F. F. SIMMONS, Member.

*L.S.]

*Gazette, 15 April 1957, Vol. I, p. 647



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✨ LLM interpretation of page content

🏭 Price Order for Retail Sales of Sugar

🏭 Trade, Customs & Industry
24 October 1957
Price control, Sugar, Retail sales, Price Tribunal, Maximum prices
  • H. Pearce, Presiding Member
  • F. F. Simmons, Member