New Zealand Acts

COMMERCE ACT 1986 - SECT 53T

53T Process and timing for assessing proposal

1 Once the Commission decides that a proposal complies with the input methodologies relating to the process for, and content of, customised price-quality path proposals, it must—

a) give notice that the proposal is under consideration, and how copies of the proposal may be obtained; and

b) set a date for interested persons to make submissions on the proposal; and

c) have regard to any submissions made by that date.

2 The Commission must make a determination on a proposal for a customised price-quality path within 150 working days of receiving a complete proposal, subject to sections 53U and 53Z .

History: Section 53T: inserted, on 14 October 2008, by section 4 of the Commerce Amendment Act 2008 (2008 No 70).