Commonwealth Prices Adjustment Board
April 1916 – July 1916
Renamed Commonwealth Prices Board in 1916.
The first Commonwealth price-control body of the First World War. It inquired into and recommended maximum prices for foodstuffs and other necessary commodities declared by the Minister.
Names over time
- Commonwealth Prices Adjustment Board1916
- Commonwealth Prices Board1916–1918
- Commonwealth Prices Advisory Board1918–1920
How it came into existence
Constituted under the War Precautions (Prices Adjustment) Regulations 1916, provisional regulations made under the War Precautions Act 1914 that came into operation on 3 April 1916 and gave the Commonwealth war-time control over the prices of foodstuffs and declared necessary commodities. The function was new to the Commonwealth.
Legislation: War Precautions Act 1914 (War Precautions (Prices Adjustment) Regulations 1916)
Changes during its life
- April 1916Amending regulations allowed the Governor-General to proclaim areas and fix the price of bread or flour there without a recommendation from the Board, and required flour millers and bakers to lodge returns with the Board.
How it ended
Became the Commonwealth Prices Board under the War Precautions (Prices) Regulations 1916 of July 1916, which provided that the existing Commonwealth Prices Adjustment Board would become the new five-member Board.
Main functions
- Inquiries into the prices of foodstuffs and necessary commodities
- Recommendations on maximum prices
- Collection of returns from flour millers and bakers
Lineage
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Sources
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.