New Zealand Acts

COMMERCE ACT 1986 - SECT 57N

57N Commission determination about how regulation applies

1 The Commission must make a section 52P determination specifying how a type of regulation imposed by this subpart will apply,—

a) in the case of section 57D(1)(a) (information disclosure),—

i) within 6 months after this section comes into force; or

ii) before a date specified in a notice issued under subsection (3):

b) in the case of sections 57D(3) and 57E , as soon as practicable after an Order in Council is made under section 57L :

c) in the case of section 57F , see the transitional provisions in Part 6 of Schedule 1AA relating to the Watercare charter.

2 Despite section 52P , the Commission has a discretion to decide whether and, if so, when to make a section 52P determination specifying how revenue threshold regulation will apply.

3 The following applies for the purposes of subsection (1)(a)(ii):

a) the Minister may, by notice in the Gazette, specify a date earlier or later than 6 months after this section comes into force if the Minister considers it to be in the public interest to do so:

b) a copy of the notice must be made publicly available:

c) before issuing the notice, the Minister must consult the Commission on a draft of the notice.

History: Section 57N: inserted, on 27 August 2025, by section 14 of the Local Government (Water Services) (Repeals and Amendments) Act 2025 (2025 No 43).