New Zealand Acts

COMMERCE ACT 1986 - SECT 80C

80C Court may order certain persons to be excluded from management of body corporate

The court may make an order that a person must not, without the leave of the court, be a director or promoter of, or in any way, either directly or indirectly, be concerned or take part in the management of, a body corporate for a period not exceeding 5 years as may be specified in the order, if the court is satisfied on the application of the Commission that the person has, in contravention of section 30 ,—

a) entered into a contract or arrangement, or has arrived at an understanding, that contains a cartel provision; or

ab) given, or required the giving of, a covenant that contains a cartel provision; or

b) given effect to a contract, arrangement, understanding, or covenant that contains a cartel provision.

c)

d)

History: Section 80C: inserted, on 26 May 2001, by section 18 of the Commerce Amendment Act 2001 (2001 No 32).   Section 80C: amended, on 15 August 2017, by section 24(1) of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).     Section 80C(a): replaced, on 15 August 2017, by section 24(2) of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).     Section 80C(ab): inserted, on 5 April 2023, by section 36(1) of the Commerce Amendment Act 2022 (2022 No 11).     Section 80C(b): replaced, on 15 August 2017, by section 24(2) of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).     Section 80C(b): amended, on 5 April 2023, by section 36(2) of the Commerce Amendment Act 2022 (2022 No 11).     Section 80C(c): repealed, on 15 August 2017, by section 24(2) of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).     Section 80C(d): repealed, on 15 August 2017, by section 24(2) of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).