New Zealand Acts

COMMERCE ACT 1986 - SECT 99A

99A Commission may receive information and documents on behalf of Australian Competition and Consumer Commission

1 Where the Australian Competition and Consumer Commission requires any person resident or carrying on business in New Zealand to furnish any information or any class of information or produce any document or class of documents to it pursuant to section 155A of the Competition and Consumer Act 2010, the information or class of information may be furnished or the document or class of documents may be produced to the Commission for transmission to the Australian Competition and Consumer Commission.

2 The Commission shall deliver the information or class of information furnished or the document or class of documents produced to it to the Australian Competition and Consumer Commission as soon as practicable.

3 Every person who—

a) refuses or fails, without reasonable excuse, to comply with a requirement referred to in subsection (1); or

b) in purported compliance with such a requirement, furnishes information or produces a document knowing it to be false or misleading—

commits an offence and is liable on conviction to a fine not exceeding $10,000 in the case of an individual, or $30,000 in any other case.

History: Section 99A: inserted, on 1 July 1990, by section 36 of the Commerce Amendment Act 1990 (1990 No 41).   Section 99A heading: amended, on 2 September 1996, by section 9 of the Commerce Amendment Act 1996 (1996 No 113).     Section 99A(1): amended, on 15 August 2017, by section 32(2)(c) of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).     Section 99A(1): amended, on 2 September 1996, by section 9 of the Commerce Amendment Act 1996 (1996 No 113).     Section 99A(2): amended, on 2 September 1996, by section 9 of the Commerce Amendment Act 1996 (1996 No 113).     Section 99A(3): amended, on 15 August 2017, by section 32(2)(b) of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).     Section 99A(3): amended, on 1 July 2013, by section 413 of the Criminal Procedure Act 2011 (2011 No 81).