New Zealand Acts

COMMERCE ACT 1986 - SECT 51A

51A Competition study terms of reference

1 The terms of reference for a competition study must—

a) specify the goods or services, or both, to which the study relates; and

b) describe the scope of the study.

2 If the study is required by the Minister, the terms of reference may require the Commission to consult any of the following as part of the study:

a) public service agencies:

b) organisations:

c) persons:

d) classes of persons.

3 If the Commission is carrying out the study on its own initiative, the terms of reference may name any of the following that it intends to consult as part of the study:

a) public service agencies:

b) organisations:

c) persons:

d) classes of persons.

4 The Commission—

a) must carry out the competition study in accordance with the terms of reference; and

b) may exercise its discretion in relation to any ancillary matters that are related to, but not explicitly covered by, the terms of reference.

History: Section 51A: inserted, on 26 October 2018, by section 4 of the Commerce Amendment Act 2018 (2018 No 42).   Section 51A(2)(a): amended, on 5 May 2022, by section 23 of the Commerce Amendment Act 2022 (2022 No 11).     Section 51A(3)(a): amended, on 5 May 2022, by section 23 of the Commerce Amendment Act 2022 (2022 No 11).