Fair Trading Act 1986

1A: Purpose

You could also call this:

“This law makes sure trading is fair for everyone in New Zealand”

This law aims to create a fair trading environment for everyone in New Zealand. It wants to protect you as a consumer and make sure businesses can compete fairly. The goal is for both consumers and businesses to feel confident when they buy or sell things.

To achieve this, the law does a few important things. It stops businesses from doing unfair things when they trade. It also encourages businesses to act fairly when they’re selling goods or services. The law makes sure businesses give you important information about the products or services they’re selling. Lastly, it tries to make sure the goods and services you buy are safe to use.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM5836703.

Topics:
Business > Fair trading
Money and consumer rights > Consumer protection

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1: Short Title and commencement, or

“This explains the name of the law and when it started working”


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2: Interpretation, or

“Understanding important words and phrases used in the Fair Trading Act”

1APurpose

  1. The purpose of this Act is to contribute to a trading environment in which—

  2. the interests of consumers are protected; and
    1. businesses compete effectively; and
      1. consumers and businesses participate confidently.
        1. To this end, the Act—

        2. prohibits certain unfair conduct and practices in relation to trade; and
          1. promotes fair conduct and practices in relation to trade; and
            1. provides for the disclosure of consumer information relating to the supply of goods and services; and
              1. promotes safety in respect of goods and services.
                Notes
                • Section 1A: inserted, on , by section 5 of the Fair Trading Amendment Act 2013 (2013 No 143).