Civil Aviation Act 2023

Regulations and miscellaneous provisions - Regulations - Information disclosure

411: Regulations requiring information disclosure by specified aviation participants

You could also call this:

"Rules for aviation companies to share information with the public"

The Governor-General can make rules that require some aviation companies to share information with the public. You might see information about prices, costs, and how they make financial decisions. These companies might also have to share financial statements, which are like reports that show how they are doing financially.

The rules can say how this information must be shared, like on a website or in a report. The companies might have to give this information to the government or other people. There are standards for how the financial statements must be prepared, and they might need to be checked by an auditor.

Some companies, like airport companies, do not have to follow these rules, as stated in section 56A of the Commerce Act 1986. The rules made under this section are secondary legislation, which means they are a type of law, and you can learn more about this in Part 3 of the Legislation Act 2019.

The rules apply to certain aviation companies, like airport operators and air traffic service providers, which are called specified aviation participants. These companies do specific activities, like running an airport or providing air traffic services, which are called specified aviation activities.

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 It might be out of date or be missing some parts.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

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS187849.


Previous

410: Regulations relating to information disclosure by aviation participants, or

"Rules about what information airlines and airports must share with the public"


Next

412: Information to be supplied by aviation participants to Secretary, or

"Telling the Secretary about your aviation activities"

Part 10Regulations and miscellaneous provisions
Regulations: Information disclosure

411Regulations requiring information disclosure by specified aviation participants

  1. The Governor-General may, by Order in Council, on the recommendation of the Minister, make regulations for any or all of the following purposes:

  2. requiring a specified aviation participant to make publicly available in the prescribed manner prescribed information in relation to any or all of its specified aviation activities, which may include, without limitation, information about—
    1. prices, terms, and conditions:
      1. costs, pricing policies, and pricing methodologies:
        1. cost allocation policies and methodologies:
        2. requiring a specified aviation participant to prepare and make publicly available in the prescribed manner prescribed financial statements—
          1. in relation to the aviation participant; and
            1. in relation to any of the aviation participant’s subsidiaries or any part or division of the participant (whether or not including subsidiaries), as if the subsidiary or part or division were a separate and unrelated entity:
            2. prescribing the manner in which the information and financial statements must be made publicly available:
              1. requiring that the information and financial statements must be provided to the Secretary or any other person in the prescribed manner:
                1. prescribing the manner in which the information and financial statements must be provided to the Secretary or any other person:
                  1. prescribing any standard or standards that the prescribed financial statements must comply with:
                    1. prescribing any methodology or methodologies that must be used in preparing prescribed financial statements:
                      1. prescribing requirements relating to audit, assurance, approval or certification of the information or financial statements:
                        1. exempting, or providing for the exemption of, any person or persons, or any class or classes of persons, from all or any of the requirements of the regulations.
                          1. Regulations made under this section do not apply to a specified airport company within the meaning of section 56A of the Commerce Act 1986.

                          2. Regulations made under this section are secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

                          3. In this section,—

                            specified aviation activities means,—

                            1. in the case of an airport operator, identified aerodrome activities:
                              1. in the case of a provider of an air traffic service, air traffic services

                                specified aviation participant means,—

                                1. subject to subsection (2), every aviation participant who is an airport operator; and
                                  1. every aviation participant who provides an air traffic service.

                                  Compare
                                  Notes