REGULATIONS TO FIX PRICE OF PETROL
OTAGO AND SOUTHLAND DISTRICT (United Press Association) WELLINGTON, February 24. Regulations fixing the retail and wholesale price of motor spirit in the Otago and Southland district are issued with tonight’s Gazette. “In continuance of the Government’s policy of introducing regulations fixing the price of motor spirit,” said the Minister of Industries and Commerce (the Hon. D. G. Sullivan), in an interview tonight, “regulations fixing the wholesale and retail price of motor spirit in the Otago and Southland districts have now been passed. Because of the costs of transport and to avoid sharp advances in prices in remoter areas, provision has been made for sales to be made at a price showing a fraction of a penny less than a halfpenny. The regulations have been so designed that in those areas where a farthing operates the reseller will be permitted to adjust the selling price to avoid the inconvenience to motorists of having to deal in farthings. Such an adjustment, of course, will not be permitted where the total price to be paid works out to an even halfpenny. In other respects the regulations now introduced are similar to those operating in most other areas.
“My experience with the introduction of regulations in other areas has convinced me that regulations of the type now introduced in the Otago and Southland districts are of material benefit to all sections of the motoring trade and at the same time I have been able in those areas to preserve for resellers a margin of profit of 3d a gallon, as is general throughout the PaminiMu”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ST19380225.2.37
Bibliographic details
Southland Times, Issue 23443, 25 February 1938, Page 6
Word Count
267REGULATIONS TO FIX PRICE OF PETROL Southland Times, Issue 23443, 25 February 1938, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Southland Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.