New Zealand Acts

COMMERCE ACT 1986 - SECT 56K

56K Order in Council imposing additional type of regulation

1 The Governor-General may, on the recommendation of the Minister made under section 56J , make an Order in Council imposing 1 of the following types of regulation on specified airport services:

a) negotiate/arbitrate regulation:

b) default/customised price-quality regulation:

c) individual price-quality regulation.

2 The order must include an expiry date (which must be no later than 20 years after the commencement date) at the close of which the order is revoked.

3 Despite subsection (2), the order may be earlier revoked in the manner in which it was made.

4 An order under this section is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

History: Section 56K: inserted, on 26 October 2018, by section 10 of the Commerce Amendment Act 2018 (2018 No 42).   Section 56K(4): replaced, on 28 October 2021, by section 3 of the Secondary Legislation Act 2021 (2021 No 7).