Functions Of Price Tribunal
WELLINGTON, Thu. (P.A.)—“The functions of the Price Tribunal are legislative both in substance and form,” submitted the Solicitor-General (Mr H. E. Evans, K.C.) in the Supreme Court today. , ~ He was opening the case tor the Price Tribunal and Director of Price Control in an action brought by F. E. Jackson and Co., Ltd., Auckland, seeking a writ of certiorari to remove Price "Order 1001 into the Supreme Court in order to have it quashed. “The first event in the story was the restoration of New Zealand cunency to sterling parity,” said Mr Evans. “This immediately gave rise to a problem in price control. “If the'"?natter had been left to itself competition with parity goods would in time have forced down the prices of non-parity goods. “On the other hand it was necesgai'y in the public interest that consumers should get the full benefit of the change as soon as it was fairly available. , _ “The reason for prescribing a deadline date was that without one it. would becoming increasingly difficult to supervise price orders.” (Proceeding).
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https://paperspast.natlib.govt.nz/newspapers/NA19491013.2.50
Bibliographic details
Northern Advocate, 13 October 1949, Page 5
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178Functions Of Price Tribunal Northern Advocate, 13 October 1949, Page 5
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