Plain language law

New Zealand law explained for everyone

Takeovers Act 1993

Investigation and enforcement - Offences - False or misleading statement or information

44E: Fair Trading Act 1986 excluded

You could also call this:

"Takeovers are exempt from the Fair Trading Act 1986 rules"

Illustration for Takeovers Act 1993

You need to know the Fair Trading Act 1986 does not apply to certain things. The Fair Trading Act 1986 does not apply to conduct related to takeovers. This means it does not apply to things that happen because of a takeover or things that might lead to a takeover.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM326396.

This page was last updated on — View changes

Topics:
Business > Industry rulesBusiness > Fair tradingMoney and consumer rights > Consumer protection
Previous

44D: Exception for disclosure by investment advisers or brokers, or

"When investment helpers don't have to share secret information"

Next

44F: When court may make management banning orders, or

"When the court can stop someone from managing a company"

Part 3Investigation and enforcement
Offences: False or misleading statement or information

44EFair Trading Act 1986 excluded

  1. The Fair Trading Act 1986 does not apply to conduct in relation to any transaction or event regulated by the takeovers code or incidental or preliminary to a transaction or event that is or is likely to be regulated by the takeovers code.

Notes
  • Section 44E: inserted, on , by section 24 of the Takeovers Amendment Act 2006 (2006 No 48).