New Zealand Acts

COMMERCE ACT 1986 - SECT 56M

56M Order in Council declaring specified airport services

1 The Governor-General may, on the recommendation of the Minister, make an Order in Council declaring 1 or more services to be specified airport services for the purposes of this subpart.

2 Before recommending that an Order in Council be made, the Minister must be satisfied that—

a) the Commission has made a recommendation to the same effect; and

b) the Commission has consulted (without necessarily holding an inquiry) with interested parties.

3 Before making a recommendation under subsection (2)(a), the Commission—

a) must assess the benefits, in meeting the purpose of this Part, of declaring the services to be specified airport services against the costs of declaring the services to be specified airport services; and

b) must be satisfied that the services are supplied in a market where 1 or more of the specified airport companies have a substantial degree of market power.

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

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