delete War Precautions (Prices) Regulations 1916 (Amendment)
This instrument amends the War Precautions (Prices) Regulations 1916, which were wartime price control measures enacted during World War I. The original regulations controlled prices of goods and services during wartime conditions that ended over a century ago.
These regulations are entirely obsolete - World War I concluded in 1918, rendering wartime price control measures null and inapplicable. The amendment, registered in 2014, perpetuates 100-year-old wartime controls that have no legitimate modern purpose. From an economic perspective, price controls distort market signals and create supply shortages; there is no justification for maintaining WWI-era regulations that could not achieve any valid current objective.