PURCHASE OF GOODS
HOARDING PROHIBITED PRICES STABILISED (Per Press Association.) WELLINGTON, this day. The purchase of goods for hoarding is prohibited by the Price Stabilisation Emergency Regulations issued late last night. Pric'es of goods and services are to be stabilised at the figure ruling yesterday. The clause of the regulations relating to hoarding states: “No person shall purchase any goods for the purposes of hoarding, whether in contemplation or ultimate resale or disposal or ultimate personal consumption 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."
Authority is granted to the Minister if he thinks fit to alter the standard price rate or fee for goods or services.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20032, 2 September 1939, Page 9
Word Count
157PURCHASE OF GOODS Gisborne Herald, Volume LXVI, Issue 20032, 2 September 1939, Page 9
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