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Executive Summary


Regulatory Impact Statement: Review of the Clearance and Authorisation Provisions under the Commerce Act 1986

Hon Lianne Dalziel, Minister of Commerce
[ Last Updated 30 November 2007 ]


1. The objective of the Review of the Authorisation and Clearance Provisions of the Commerce Act is to improve the effectiveness and efficiency of the authorisation and clearance processes. Three issues have been identified as suitable for inclusion in the Regulatory Improvement Omnibus Bill.5 The following amendments are being considered:

  • Providing for the enforcement of undertakings that have been approved as part of a merger clearance or authorisation application;
  • Allowing the Commission to approve variations of undertakings; and
  • Remove the 20 day statutory timeframe within which the Commission is required to hold a conference.

5 Note that proposals on the more substantial issues arising from the Review will be presented to the Minister of the Commerce by June 2008. 


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