Fair Trading Act 1986

Miscellaneous provisions

48S: Certain conduct under Financial Markets Conduct Act 2013 does not contravene various provisions of this Act

You could also call this:

"Following Financial Markets Conduct Act rules doesn't break some Fair Trading Act rules"

Illustration for Fair Trading Act 1986

You do things under the Financial Markets Conduct Act 2013. If you break rules like section 82, you do not break rules in the Fair Trading Act 1986. This applies to rules like sections 9 to 13 of the Fair Trading Act 1986.

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 It might be out of date or be missing some parts.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=DLM6033261.

This page was last updated on View changes


Previous

48R: Unsubstantiated representations prohibition does not apply to financial markets disclosure, or

"Some finance documents don't need proof for claims they make."


Next

48T: Powers of Commission to prohibit disclosure of information, documents, and evidence, or

"The Commission can keep information secret"

Part 6Miscellaneous provisions

48SCertain conduct under Financial Markets Conduct Act 2013 does not contravene various provisions of this Act

  1. Conduct that contravenes section 82, 99, 262, 265, or 427 or clause 27 of Schedule 1 of the Financial Markets Conduct Act 2013 does not contravene any of sections 9 to 13 of this Act.

  2. For the purpose of this section, conduct must be treated as contravening section 82, 99, 262, 265, or 427 or clause 27 of Schedule 1 of the Financial Markets Conduct Act 2013 even if the conduct does not constitute an offence, or does not lead to any liability, because of the availability of a defence.

Notes
  • Section 48S: inserted, on , by section 8 of the Financial Markets (Repeals and Amendments) Act 2013 (2013 No 70).