New Zealand Acts

COMMERCE ACT 1986 - SECT 69B

69B Conferences in relation to business acquisitions

1 Before making a determination under section 66(3) or section 67(3) in relation to an acquisition, the Commission may determine to hold a conference and shall appoint a date, time, and place for the holding of the conference and give notice of the date, time, and place so appointed and of the matters to be considered at the conference to the persons entitled to be present at the conference.

2 The provisions of section 64 shall apply to every conference held under this section as if—

a) every reference in that section to a conference called under section 62 , were a reference to a conference held under this section; and

b) the reference in subsection (1)(b) of that section to a person to whom a draft determination was sent under section 62(2) , were a reference to the person by or on whose behalf a notice was given under section 66(1) or section 67(1) , as the case may be; and

c) the reference in subsection (6) of that section to a determination in respect of an application, were a reference to a determination under section 66(3) or section 67(3) , as the case may be.

History: Section 69B: inserted, on 1 January 1991, by section 23 of the Commerce Amendment Act 1990 (1990 No 41).