STATUTORY POWERS OF MEAT BOARD
DEFINED BY COURT Press Association. WELLINGTON, To-day. In the case before the Appeal Court, of the Meat Producers’ Board v the Controller and Auditor-General, the Court found the board had been in operation five years and that its work had resulted in a general reduction of the prices of meat. The Court was of opinion that the board had power to purchase land in London, to erect stores, and to erect such stores if it thought that the action would further the objects of the board, namely, the reduction of prices. The Court thought the board did not come under the heading of companies formed for the purpose of gain, and that its objects were in the economic interests of New Zealand. The court was of opinion, however, that the board had no power to borrow or mortgage its property other than that prescribed under the Finance Act, wherein it is prescribed that the consent of the Minister of Finance is necessary.
The Court ordered that each party be liable for its own costs.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19271021.2.2.7
Bibliographic details
Sun (Auckland), Volume I, Issue 181, 21 October 1927, Page 1
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179STATUTORY POWERS OF MEAT BOARD Sun (Auckland), Volume I, Issue 181, 21 October 1927, Page 1
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