SALE OF GOODS.

Auckland Star, Volume LXX, Issue 207, 2 September 1939, Page 15

SALE OF GOODS.

PRICE REGULATIONS.

TEMPORARY MEASURE. RATES AS ON SEPTEMBER I.| REASSURANCE FOR PEOPLE. (By Telegraph.—Press Association.) WELLINGTON, Friday. The price stabilisation regulations were explained by the Minister of Industries and Commerce, the Hon. D. G. Sullivan, to-day. "The regulations are issued pursuant to the Public Safety Conservation Act, 1932," he said, "and to the proclamation of emergency now in force under the Act. The regulations are a temporary measure designed to supplement existing legislation in respect of price control and arc intended to apply during the period immediately following upon emergency conditions. "The regulations provide that no person may sell goods at a price which is higher than the lowest price at which he sold or was willing to sell such goods on the day fixed by the regulations, namely, September 1, 1930. The regulations do not apply to contract of service between master and servant. "Similarly, it is provided that no person who is performing any services shall perform similar services at a rate or fee which is higher than the rate or fee at or for which he performed or was willing ito perform such services on September 1, 1939. In other words, prices of goods and rates of service cannot be increased during the period in which the regulations remain in force. "This step has been taken with a view to preventing any immediate and unjustified increase in the buying cost of goods and services to the public," said Mr. Sullivan. "There is no reason, therefore, for the public to become anxious as to supplies or prices. Moreover, there is no reason why every person should not be able to buy his normal requirements of all commodities from his usual suppliers. The public is recommended to confine its purchases to its usual suppliers, as this will facilitate continuity of supplies and assist merchants and retailers to continue trading on their normal basis."