New Zealand Acts

COMMERCE ACT 1986 - SECT 53X

53X What happens when customised price-quality path ends

1 When the customised price-quality path of a supplier of goods or services ends, the supplier is subject to the default price-quality path that is generally applicable to other suppliers of those goods or services.

2 The starting prices that apply at the beginning of the default price-quality path are those that applied at the end of the customised price-quality path unless, at least 4 months before the end of the customised price-quality path, the Commission advises the supplier that different starting prices must apply.

3 The supplier remains subject to the default price-quality path until—

a) the end of the period for which it applies to other suppliers; or

b) a new customised price-quality path begins to apply to the supplier.

4 To avoid doubt, a supplier who is or was subject to a customised price-quality path may apply in accordance with section 53Q for another customised price-quality path.

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