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Fair Trading Act 1986

Miscellaneous provisions

48B: Purpose of sections 48C to 48O (which relate to assistance to overseas regulators)

You could also call this:

“Why the law helps regulators from other countries”

Sections 48C to 48O of this law are about helping regulators from other countries. These sections explain two main things:

  1. They tell you when and how the Commission can share information with overseas regulators. This information is collected through special powers, and the law sets out rules for sharing it.

  2. They also make it clear how other kinds of information can be shared with regulators from other countries.

The Commission is allowed to help overseas regulators by giving them information and helping with investigations. These sections of the law explain exactly how this can happen.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4854605.

Topics:
Business > Fair trading
Money and consumer rights > Consumer protection
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48A: Sharing of information and documents with Financial Markets Authority or Takeovers Panel, or

“This rule about sharing information with money experts is no longer part of the law”

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48C: Definitions of terms used in sections 48B to 48O, or

“Explaining important words used in the Fair Trading Act about working with other countries”

Part 6 Miscellaneous provisions

48BPurpose of sections 48C to 48O (which relate to assistance to overseas regulators)

  1. The purpose of sections 48C to 48O is—

  2. to provide for when and how the Commission may provide compulsorily acquired information and investigative assistance to overseas regulators; and
    1. to clarify other matters relating to sharing other kinds of information with overseas regulators.

      Notes
      • Section 48B: inserted, on , by section 5 of the Fair Trading (International Co-operation) Amendment Act 2012 (2012 No 86).