New Zealand Acts

COMMERCE ACT 1986 - SECT 65AAA

65AAA Commission may grant interim authorisation

1 The Commission may make a determination in writing granting an interim authorisation for an application under section 58 if the Commission considers it is appropriate to do so.

2 The Commission is not required to comply with section 61(5) to (9) before granting an interim authorisation.

3 For the purposes of this section, a reference in any of sections 58A, 58B, 59A, 59B, 61(2), 65, 92, 104, 105, and 106(10) to an authorisation must be treated as if it were a reference to an interim authorisation.

4 An interim authorisation remains in force until—

a) the applicant withdraws its application for an authorisation; or

b) the Commission revokes the interim authorisation under section 65 ; or

c) the Commission declines or grants the application for an authorisation under section 58 .

5 Subsection (4) does not limit the Commission’s ability to grant an interim authorisation for such period as the Commission sees fit.

History: Section 65AAA: inserted, on 5 May 2022, by section 30 of the Commerce Amendment Act 2022 (2022 No 11).