Agricultural Produce (Cereals) Act, 1935

Minimum prices of home-grown millable wheat.

12.—(1) For the purposes of this Act the minimum price per barrel for home-grown millable wheat of each class specified in the second column of the Second Schedule to this Act for each month in the sale (wheat) year 1935-36, and the sale (wheat) year 1936-37, shall be the price set out opposite to the mention of wheat of that class in the sub-column relative to such month of the third column of the said Schedule.

(2) The Executive Council shall from time to time by order do, in respect of each sale (wheat) year (other than the sale (wheat) year 1935-36, and the sale (wheat) year 1936-37) commencing after the passing of this Act, the following things:—

(a) divide, by reference to bushel weights, home-grown millable wheat, the bushel weight of which is not less than the bushel weight declared by such order to be the minimum bushel weight for the purposes of classification, into such and so many classes as they think fit;

(b) fix in respect of wheat of each such class and in respect of each month in such sale (wheat) year, the price, in terms of a rate per barrel, of wheat of that class for that month,

and whenever any such order is made the price per barrel fixed by such order for home-grown wheat of a particular class constituted by such order for a particular month in the sale (wheat) year to which such order relates shall, subject to the provisions of this section, be the minimum price of home-grown wheat of that class for such month.

(3) Every order made under the immediately preceding sub-section shall be made not later than two years before the commencement of the sale (wheat) year to which it relates.

(4) Whenever during any sale (wheat) year (other than the sale (wheat) year 1935-36 or the sale (wheat) year 1936-37) the Executive Council are satisfied that home-grown millable wheat is being withheld from the market by growers or registered wheat dealers generally, the Executive Council may by order reduce the minimum price for wheat of every class for every month (not being a month ended before the date of such order) which falls within such sale (wheat) year to such price (not lower than the minimum price for wheat of that class for the month of September of such sale (wheat) year) as they think fit, and whenever any such order is made the minimum price for home-grown millable wheat of a particular class shall in respect of every month to which such order relates be the minimum price for wheat of such class for such month as so reduced by such order.

(5) In this Act the word “class” when used in relation to home-grown millable wheat means—

(a) in respect of the sale (wheat) year 1935-36 and the sale (wheat) year 1936-37, home-grown millable wheat of a class specified in the second column of the Second Schedule to this Act, and

(b) in respect of any other sale (wheat) year, home-grown millable wheat of a class fixed by the order made by the Executive Council under subsection (2) of this section in respect of such sale (wheat) year.