CONSUMER COUNCIL
Limit Sought On Funds (Parliamentary Reporter) WELLINGTON, May 28. The Consumer Council, a legal entity preventing claims on the Industries and Commerce Department has an outstanding claim for damages of up to £21,000 yet to be resolved in the courts.
It plans to build its own testing laboratory costing about £lOOO. It has decided to retain an accumulated fund of about £24,000 and by last July had invested £24,932 in the National Provident Fund. But the Public Expenditure Committee of Parliament recommended that the council’s accumulated funds be not allowed to rise much more.
The committee wants the council to balance accounts on March 31, not July 1, so that its report may be tabled in Parliament with other current papers. Annual accounts, the committee said, should detail the cost of staff and services supplied from the Industries and Commerce Department. On his retirement from the department in March, the present Consumer Council liaison officer was retained by the council. The State Services Commission has postponed an inquiry into whether the council should be separated from the department.
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Bibliographic details
Press, Volume CIV, Issue 30763, 29 May 1965, Page 17
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180CONSUMER COUNCIL Press, Volume CIV, Issue 30763, 29 May 1965, Page 17
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