Pigs and Bacon Act, 1937

Hypothetical price orders.

69.—(1) The Board may, whenever and so often as it thinks fit, by order (in this Part of this Act referred to as a hypothetical price order) do all or any of the following things, that is to say:—

(a) in respect of any class of non-factory-purchased pigs, fix (in terms of a rate per hundredweight) the price (in this Act referred to as the hypothetical price) which, in the opinion of the Board, would, under normal conditions, be then the proper price thereof;

(b) in respect of any grade of any graded class of carcases of factory-purchased pigs, fix (in terms of a rate per hundredweight) the price (in this Act referred to as the hypothetical price) which, in the opinion of the Board, would, under normal conditions, be then the proper price thereof;

(c) in respect of any non-graded class of carcases of factory-purchased pigs, fix (in terms of a rate per hundredweight) the price (in this Act referred to as the hypothetical price) which, in the opinion of the Board, would, under normal conditions be then the proper price thereof;

(d) in respect of any class of carcases of non-factory-purchased pigs, fix (in terms of a rate per hundredweight) the price (in this Act referred to as the hypothetical price) which, in the opinion of the Board, would, under normal conditions, be then the proper price thereof.

(2) The Board may by order revoke any hypothetical price order.

(3) Every hypothetical price order shall cease to be in force upon the happening of whichever of the following events first happens after the day on which such order is made—

(a) the revocation of such order;

(b) the coming into force of either an appointed price order or an appointed price (amending) order.