New Zealand Acts

COMMERCE ACT 1986 - SECT 52V

52V Commission process for determining input methodologies

1 When the Commission begins work on an input methodology, it must publish a notice of intention to do so that—

a) outlines the process that will be followed; and

b) sets out the proposed time frames.

2 During the course of its work on an input methodology, the Commission—

a) must publish a draft methodology; and

b) must give interested persons a reasonable opportunity to give their views on that draft methodology; and

c) may hold 1 or more conferences; and

d) must have regard to any views received from interested persons within any time frames set.

3 Despite subsections (1) and (2), any work done or action taken (including any consultation) by the Commission on input methodologies before the commencement of this section may be treated by the Commission and any person consulted as work done or action taken under this section.

4 The Commission must consult with interested parties before deciding to treat earlier work or action as work or action done under this section.

History: Section 52V: inserted, on 14 October 2008, by section 4 of the Commerce Amendment Act 2008 (2008 No 70).