Fair Trading Act 1986

Enforcement and remedies - Offences

40F: What Commission does with infringement fees

You could also call this:

“The Commerce Commission gives money from fines to the government”

When you pay an infringement fee under the Fair Trading Act, the Commerce Commission doesn’t keep the money. Instead, they must put all the fees they receive into a special bank account owned by the government. This bank account is called a Crown Bank Account.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6156686.

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

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40E: Procedural requirements for infringement notices, or

“Rules for giving you a notice if you break a Fair Trading rule”


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40G: Effect of infringement notice, or

“An infringement notice protects you from getting a criminal record”

Part 5 Enforcement and remedies
Offences

40FWhat Commission does with infringement fees

  1. The Commission must pay all infringement fees received into a Crown Bank Account.

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Notes
  • Section 40F: inserted, on , by section 29 of the Fair Trading Amendment Act 2013 (2013 No 143).