Commerce Act 1986

Regulated goods or services - Default/customised price-quality regulation

53N: Monitoring compliance with price-quality paths

You could also call this:

"The Commission checks if companies are following the rules about prices and quality."

The Commission checks if suppliers follow price-quality paths. You need to know that the Commission can ask a supplier for information. The Commission can ask for a written statement saying if the supplier followed the rules. The Commission can also ask for a report signed by an auditor to check the statement. The supplier must give the Commission enough information to decide if they followed the rules. The supplier's director must sign a certificate to confirm the information is true. The Commission can do this to monitor compliance with a price-quality path, which can be a default path, a customised path, or an individual path under subpart 7, and the Commission also uses its powers under section 98.

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 It might be out of date or be missing some parts.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

This page was last updated on 31 August 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1685618.

Topics:

Business > Industry rulesBusiness > Fair tradingGovernment and voting > Government departments

53M: Content and timing of price-quality paths, or

"What suppliers can charge and the quality they must provide"

53O: Section 52P determination to set out requirements of default price-quality paths, or

"Rules for setting prices and quality standards for certain goods and services"

Part 4Regulated goods or services
Default/customised price-quality regulation

53NMonitoring compliance with price-quality paths

For the purpose of monitoring compliance with a price-quality path (whether a default price-quality path or a customised price-quality path under this subpart, or an individual price-quality path under subpart 7), the Commission may, in addition to exercising its powers under section 98, issue a written notice to a regulated supplier requiring it to provide any or all of the following:
a written statement that states whether or not the supplier has complied with the price-quality path applying to that supplier:
a report on the written statement referred to in paragraph (a) that is signed by an auditor in accordance with any form specified by the Commission:
sufficient information to enable the Commission to properly determine whether all applicable price-quality paths have been complied with:
a certificate, in the form specified by the Commission and signed by at least 1 director of the supplier, confirming the truth and accuracy of any information provided under this section.

Notes

Section 53N: inserted, on 14 October 2008, by section 4 of the Commerce Amendment Act 2008 (2008 No 70).