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Effect of bread (price) orders on existing contracts.
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8.—(1) Where—
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(a) a bread (price) order has been made in relation to the sale in a particular area of bread of a particular kind under a particular set of conditions, and
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(b) a contract for the sale in such area of bread of that kind under a like set of conditions has been entered into before the date on which such order comes into force, and
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(c) the whole or any part of such contract is to be performed after the said date, and
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(d) the price specified in such contract for such bread exceeds the maximum price fixed by such order for such bread when sold under such set of conditions,
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such contract shall continue in force but shall, in respect of any bread delivered on or after the said date, have effect as if such maximum price were substituted for the price specified in such contract.
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(2) Where—
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(a) a bread (price) order has been made in relation to the sale in a particular area of bread of a particular kind under a particular set of conditions, and
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(b) a tender to supply in such area during a certain period such bread under a like set of conditions has been entered into before the date on which such order has come into force, and
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(c) the person making such tender is legally bound, subject to the terms of such tender, to supply such quantities of such bread as may from time to time be ordered during the said period, and
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(d) the whole or any portion of such period has not expired on the said date, and
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(e) the price specified in such tender to supply such bread exceeds the maximum price fixed by such order for such bread when sold under such set of conditions, the following provisions shall have effect, that is to say:—
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(i) such bread (price) order shall not affect the obligations of the person making such tender to supply, subject to the terms of such tender, such quantities of such bread as may from time to time be ordered on or after the date on which such order comes into force;
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(ii) such tender shall as respects any such bread ordered on or after the said date be construed and have effect as if such maximum price were substituted for the price specified in such tender.
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