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Commerce Act 1986

The Commerce Commission

26: Commission to have regard to economic policies of Government

You could also call this:

"The Commerce Commission must consider the Government's economic plans when making decisions."

Illustration for Commerce Act 1986

When the Commerce Commission makes decisions, it must think about the Government's economic policies. The Minister will send these policies to the Commission in writing from time to time. You can find these policies in the Gazette and they will also be shown to Parliament.

The Minister must publish these policies as soon as possible after sending them to the Commission. This helps everyone know what the Government's economic policies are. The policies sent to the Commission are not the same as directions under Part 3 of the Crown Entities Act 2004.

The Commission must consider these policies when it uses its powers under the Commerce Act. This means the Commission will think about how its decisions might affect the economy. It will try to make decisions that fit with the Government's economic policies.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM88258.

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"The Commerce Commission's job is to share information with people about what they do and their powers."

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"No deals that stop others competing with you are allowed."

Part 1The Commerce Commission

26Commission to have regard to economic policies of Government

  1. In the exercise of its powers under this Act, the Commission shall have regard to the economic policies of the Government as transmitted in writing from time to time to the Commission by the Minister.

  2. The Minister shall cause every statement of economic policy transmitted to the Commission under subsection (1) to be published in the Gazette and laid before Parliament as soon as practicable after so transmitting it.

  3. For the avoidance of doubt, a statement of economic policy transmitted to the Commission under this section is not a direction for the purposes of Part 3 of the Crown Entities Act 2004.

Notes
  • Section 26(1): amended, on , by section 12 of the Commerce Amendment Act 1990 (1990 No 41).
  • Section 26(3): added, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).