Commerce Act 1986

Business acquisitions

49: Application to building societies

You could also call this:

"Rules for building societies under the Commerce Act"

Illustration for Commerce Act 1986

This part of the law is called section 49 and it is about building societies. You can find more information about the changes made to this section in the Commerce Amendment Act 1990. Section 49 was repealed, which means it is no longer part of the law, and this happened on 1 January 1991.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM88427.


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48: Bare transfer of market dominance excluded, or

"When a big company takes over, it can't just get more power without doing anything to help competition."


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50: Certain merger or takeover proposals require clearance or authorisation, or

"Big businesses must get permission before merging or taking over another company."

Part 3Business acquisitions

49Application to building societies (Repealed)

    Notes
    • Section 49: repealed, on , by section 18 of the Commerce Amendment Act 1990 (1990 No 41).