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Fair Trading Act 1986

Miscellaneous provisions

48M: Sharing of non-compulsorily acquired information not affected

You could also call this:

“The Commission can share certain information with overseas regulators”

This part of the law talks about how the Commission can share information that it didn’t have to collect. It says that the Commission can still give this kind of information to regulators in other countries, even if there’s no special agreement about it. The rules in sections 48B to 48L don’t change this. It doesn’t matter if the overseas regulator is officially recognised or not - the Commission can still share the information with them. This only applies to information that the Commission got without using its powers to force people to provide it.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4854626.

Topics:
Business > Fair trading
Money and consumer rights > Consumer protection
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48L: Reporting on use of co-operation arrangements, or

“The Commission must make a yearly report about working with overseas regulators”

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48N: Information provided by consent, or

“You can choose to share your information with other countries”

Part 6 Miscellaneous provisions

48MSharing of non-compulsorily acquired information not affected

  1. Except to the extent that non-compulsorily acquired information is dealt with in a co-operation arrangement, the ability of the Commission to provide non-compulsorily acquired information to an overseas regulator is not affected by—

  2. sections 48B to 48L; or
    1. whether or not the overseas regulator is a recognised overseas regulator.

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