delete The Deregulation (Corn Returns Act 1882) Order 1996
This Order 1996 amends the Corn Returns Act 1882, replacing section 5 to modernize weekly reporting requirements for wholesale buyers of British corn. It requires 'relevant persons' (those who bought 1,000+ tonnes of British corn in the previous harvest year) to submit weekly returns to the Minister of Agriculture, Fisheries and Food and the Secretary of State specifying aggregate amounts and purchase prices of corn bought from growers. It provides for multiple methods of filing returns (including written/signed) and defines 'appropriate manner' as prescribed or agreed methods.
This regulation maintains mandatory weekly reporting obligations on corn merchants that originated in 1882 — a relic of the Victorian era when market transparency was lacking. The compliance burden of weekly aggregated returns on businesses buying thousands of tonnes of corn serves no purpose that the market cannot provide through natural price discovery. Government collection of commercial data imposes administrative costs, distorts incentives toward compliance rather than efficiency, and represents the kind of微观管理 that Mises identified as cumulatively destructive of economic calculation. The 1,000-tonne threshold still captures large-scale commercial activity. Market participants can obtain corn price information through private channels, commodity exchanges, and trade publications without government-mandated weekly filings from specific businesses.