New Zealand Acts

COMMERCE ACT 1986 - SECT 47D

47D Revocation and variation of declarations and orders

1 The Commission, or the overseas person or New Zealand body corporate to which a declaration made under section 47A relates, may apply to the High Court to have the declaration revoked.

2 The Commission, or the overseas person or any New Zealand body corporate to which an order under section 47B relates, may apply to the High Court to have the order revoked or varied.

3 The High Court may, if it is satisfied that there has been a material change of circumstances, do either or both of the following:

a) revoke a declaration:

b) revoke or vary any order.

History: Section 47D: inserted, on 15 August 2017, by section 11 of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).