Commerce Act 1986

Authorisations and clearances - Restrictive trade practices

65D: Revocation of clearances

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"The Commission can cancel a clearance if you gave wrong information or something important changes."

Illustration for Commerce Act 1986

The Commission can take back a clearance they gave you under section 65A if they think the information you gave them was false or misleading, or if something important has changed. You will get a chance to tell the Commission what you think before they make a decision. The Commission will listen to what you have to say and think about it before deciding whether to take back the clearance.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM7415588.


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Part 5Authorisations and clearances
Restrictive trade practices

65DRevocation of clearances

  1. The Commission may revoke a clearance given under section 65A if it is satisfied that—

  2. the clearance was given on information that was false or misleading in a material particular; or
    1. there has been a material change of circumstances.
      1. The Commission must not revoke a clearance unless the person to whom the clearance was given, and any other person who in the opinion of the Commission is likely to have an interest in the matter, is given a reasonable opportunity to make submissions to the Commission and the Commission has had regard to those submissions.

      Notes
      • Section 65D: inserted, on , by section 17 of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).