New Zealand Acts

COMMERCE ACT 1986 - SECT 99K

99K Notice to persons affected by provision of information

1 If the Commission provides any compulsorily acquired information to a recognised overseas regulator, the Commission must, as soon as practicable after providing the information, notify the following people that the information has been provided:

a) the person from whom the information was acquired:

b) every person to whom the information relates.

2 However, the Commission need not notify a person as required by subsection (1) if—

a) giving notice might compromise any investigation conducted, or to be conducted, by the Commission or any overseas regulator; or

b) giving notice would prejudice the maintenance of the law (including the prevention, investigation, and detection of offences, and the right to a fair trial) in New Zealand or elsewhere; or

c) it is not practicable in the circumstances to give notice to the person.

History: Section 99K: inserted, on 24 October 2012, by section 5 of the Commerce (International Co-operation, and Fees) Amendment Act 2012 (2012 No 84).