Takeovers Act 1993

Investigation and enforcement - Investigation and enforcement by Panel - Exercise of inspection and evidence powers for overseas regulators

31P: Power of Panel to act on requests of overseas regulators

You could also call this:

"The Panel can help overseas regulators with their work."

You can ask the Panel to look into something related to what an overseas regulator does. The Panel can get information to help with this request by checking things or getting evidence. The Panel can then send this information to the overseas regulator in a way they think is suitable.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM326156.

This page was last updated on 12 December 2025 — View changes

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31O: Witnesses' expenses, or

31Q: Panel's consideration of requests, or

"The Panel thinks about and decides on requests for help from overseas regulators."

Part 3Investigation and enforcement
Investigation and enforcement by Panel: Exercise of inspection and evidence powers for overseas regulators

31PPower of Panel to act on requests of overseas regulators

An overseas regulator may request the Panel to inquire into any matter related to the functions of that overseas regulator.
The Panel may obtain information, documents, or evidence that, in the Panel's opinion, is likely to assist the Panel in complying with that request by—
exercising its powers of inspection under this Part:
exercising its powers to receive evidence and summon witnesses under this Part.

The Panel may transmit the information, documents, or evidence obtained by it to the overseas regulator in the manner that the Panel thinks fit.

Notes

Section 31P: inserted, on 1 December 2002, by section 33 of the Takeovers Amendment Act 2002 (2002 No 45).