New Zealand Acts

COMMERCE AMENDMENT ACT 2001 - SECT 19

19 Actions for damages for contravention of Part 2

Section 82 of the principal Act is amended by repealing subsection (2) , and substituting the following subsection:

2) An action under subsection (1) may be commenced within 3 years after the matter giving rise to the contravention was discovered or ought reasonably to have been discovered. However, no action under subsection (1) may be commenced 10 years or more after the matter giving rise to the contravention.