New Zealand Acts

COMMERCE ACT 1986 - SECT 30

30 Contracts, arrangements, understandings, or covenants containing cartel provisions prohibited

1 No person may—

a) enter into a contract or arrangement, or arrive at an understanding, that contains a cartel provision; or

ab) give, or require the giving of, a covenant that contains a cartel provision; or

b) give effect to a cartel provision.

2 See section 80 for liability to a pecuniary penalty, and section 82B for criminal liability, for contravention of this section.

History: Section 30: replaced, on 15 August 2017, by section 8 of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).   Section 30 heading: replaced, on 5 April 2023, by section 12(1) of the Commerce Amendment Act 2022 (2022 No 11).     Section 30(1)(ab): inserted, on 5 April 2023, by section 12(2) of the Commerce Amendment Act 2022 (2022 No 11).     Section 30(2): inserted, on 8 April 2021, by section 5 of the Commerce (Criminalisation of Cartels) Amendment Act 2019 (2019 No 9).