delete War Precautions (Prices Adjustment) Regulations 1916 (Amendment) (Provisional)
An amendment to World War I-era price control regulations originally made in 1916 to adjust prices during wartime conditions. The instrument was registered in 2014, apparently maintaining or updating these century-old controls originally implemented during WWI.
This regulation traces to WWI-era price controls that have been obsolete for over a century. Price controls distort market incentives, reduce supply, create shortages, and require costly bureaucratic enforcement—contrary to the principle that wealth is created through liberty and private property. No legitimate emergency purpose remains from a war that ended in 1918, making this a prime example of regulatory debris that should have been repealed decades ago. Keeping archaic economic controls on the books offers no benefit while maintaining unnecessary legal complexity.