Part 2Consent and conditions regime
Information-gathering powers
41BEffect of proceedings
If a person commences a proceeding in any court in respect of the exercise of any powers conferred by any of sections 38 to 41, until a final decision in relation to the proceeding is given,—
- the powers may be, or may continue to be, exercised as if the proceeding had not been commenced; and
- no person is excused from fulfilling the person’s obligations under any of those sections by reason of the proceeding.
However, the court may make an interim order overriding the effect of subsection (1), but only if the court is satisfied that—
- the applicant has established a prima facie case that the exercise of the power in question is unlawful; and
- the applicant would suffer substantial harm from the exercise or discharge of the power or obligation; and
- if the power or obligation is exercised or discharged before a final decision is made in the proceeding, none of the remedies specified in subsection (3), or any combination of those remedies, could subsequently provide an adequate remedy for that harm; and
- the terms of the order do not unduly hinder or restrict the regulator in performing or exercising the regulator’s functions, powers, or duties under this Act.
The remedies are as follows:
- any remedy that the court may grant in making a final decision in relation to the proceeding (for example, a declaration):
- any damages that the applicant may be able to claim in concurrent or subsequent proceedings:
- any opportunity that the applicant may have, as defendant in a proceeding, to challenge the admissibility of any evidence obtained as a result of the exercise or discharge of the power or obligation.
Compare
- 2011 No 5 s 57
Notes
- Section 41B: inserted, on , by section 35 of the Overseas Investment Amendment Act 2018 (2018 No 25).


