PRICE CONTROL

Wairarapa Times-Age, 22 May 1939, Page 5

PRICE CONTROL

WORK OF INVESTIGATION TRIBUNAL START TO BE MADE THIS WEEK. SECOND MEMBER APPOINTED. (By Telegraph—Press Association.) WELLINGTON, This Day. The Price Investigation Tribunal, which was recently set up by the Government, will begin its work this week. Making this announcement at the weekend the Minister of Industries and Commerce, Mr Sullivan, said the tribunal would consist of two members who would have the powers of judicial inquiry and investigation under the Board of Trade Act. As already announced the Hon. Mr Justice Hunter was to be one of the members. The other member whom the Government had appointed was Mr H. L.- Wise, M.Com., A.R.A.N.Z., advisory officer of the Department of Industries and Commerce. Mr Sullivan said that Mr Justice Hunter was additional judge of the Court of Arbitration and that he would act as chairman of the tribunal. He was to leave Christchurch for Wellington tonight to take up his new duties. “Mr Wise is an accountant by examination, a member of the New Zealand Society of Accountants, and of the Incorporated Institute of Accountants of New Zealand, and a fellow of the Royal Economic Society,” said Mr Sullivan. “He has had considerable experience of price fixation and control in New Zealand under the Board of Trade Act, 1919, and the Prevention of Profiteering Act, 19.36, and has in addition made a special study of price regulation and control in other countries. Mr Wise has served on numerous Governmental committees, and is secretary of the Tobacco Board. “Arrangements are being made for the provision of suitable office accommodation for the tribunal in Wellington. In the meantime the tribunal will be housed in the offices of the Department of Industries and Commerce in the new Government Life Insurance building. “Regulations requiring that price increases be notified to the tribunal are now being drafted.”