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Fair Trading Act 1986

Miscellaneous provisions

48G: Content of co-operation arrangements

You could also call this:

“Rules for agreements between organisations in different countries”

When organisations work together across countries, they need to have an agreement. This agreement is called a co-operation arrangement. Here’s what it needs to include:

The agreement must say which overseas organisation it’s about. It also needs to list the foreign laws that the overseas organisation can use to ask for information from New Zealand. The agreement must explain how the overseas organisation can use the information they get, and how they will keep it safe.

The agreement can also include other things. It might say that the overseas organisation needs to pay back the New Zealand organisation for the cost of getting the information. It can also have other rules about sharing information or helping with investigations.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4854620.

Topics:
Business > Fair trading
Rights and equality > Privacy
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48F: Regulator-to-regulator co-operation arrangements, or

“Rules for the Commission working with overseas regulators”

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48H: Procedures relating to co-operation arrangements, or

“Rules for fair trading bosses to work with friends from other countries”

Part 6 Miscellaneous provisions

48GContent of co-operation arrangements

  1. Every co-operation arrangement must—

  2. identify the overseas regulator that it concerns; and
    1. identify the foreign enactments in connection with which the recognised overseas regulator may seek compulsorily acquired information and investigative assistance from the Commission; and
      1. set out how any compulsorily acquired information that is provided may be used by the overseas regulator, and how it is to be kept secure.

        1. A co-operation arrangement may also—

        2. provide for the reimbursement of the Commission for costs incurred in providing the information or assistance; and
          1. include other conditions on the provision of compulsorily acquired information or investigative assistance.

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