WOOL CONTROL
SPECULATION BANNED OWNERSHIP CHANGES NEGOTIATION PERIOD SALE TO BRITAIN (Per Press Association.) WELLINGTON. Ihis day. , The Wool Emergency Regulations issued la: I night make it illegal to change or vary the ownership of wool. The regulations arc to remain in force until October 14. "The purpose of the regulations relative to the transfer of ownership of wool is to prevent speculation or change of ownership while negotiations are in progress with the United Kingdom in connection with the purchase of wool during the period of the war," said the Minister of Marketing, the Mon. W. Nash, in explaining the regulations. Wool is defined to include greasy woo!, slipc wool, scoured wool, sheepskins and wool, growing on any sheep or lamb, but it does not include wool that is at present in the process of manufacture or treatment in woollen mills. Breaches of the regulations are punishable by a line not exceeding £2OO or imprisonment up to 12 months in the ease of an individual, or a fine not exceeding £IOOO in the case of a company or corporation.
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Gisborne Herald, Volume LXVI, Issue 20043, 15 September 1939, Page 10
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180WOOL CONTROL Gisborne Herald, Volume LXVI, Issue 20043, 15 September 1939, Page 10
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