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Retail Payment System Act 2022

Merchant surcharging, monitoring and enforcement, and miscellaneous provisions - Other proceedings and enforcement - Undertakings

46: Enforceable undertakings in connection with enforcement of this Act

You could also call this:

"Promises to follow the law that must be kept"

Illustration for Retail Payment System Act 2022

You can look at parts of the Commerce Act 1986 to see how enforceable undertakings work. These parts are section 74A, section 74B, and section 74C and section 74C. These sections help with accepting and enforcing undertakings in the Retail Payment System Act 2022.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS533931.

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Money and consumer rights > Consumer protectionBusiness > Industry rules
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Part 3Merchant surcharging, monitoring and enforcement, and miscellaneous provisions
Other proceedings and enforcement: Undertakings

46Enforceable undertakings in connection with enforcement of this Act

  1. The following provisions of the Commerce Act 1986 apply with any necessary modifications:

  2. section 74A (Commission may accept undertakings):
    1. section 74B (matters included in undertakings):
      1. section 74C (enforcement of undertakings).