58A Effect of authorisation
  • (1) While an authorisation under subsection (1) or subsection (5) of section 58 remains in force, as the case may be, nothing in section 27 or section 29, as the case may be, shall prevent the applicant from—

    • (a) entering into, or in accordance with the authorisation, giving effect to or enforcing any provision of the contract to which the authorisation relates; or

    • (b) entering into, or in accordance with the authorisation, giving effect to the arrangement to which the authorisation relates; or

    • (c) arriving at, or in accordance with the authorisation, giving effect to the understanding to which the authorisation relates.

    (2) While an authorisation under subsection (2) or subsection (6) of section 58 remains in force, as the case may be, nothing in section 27 or section 29, as the case may be, shall prevent the applicant from—

    • (a) in accordance with the authorisation, giving effect to or enforcing the contract to which the authorisation relates; or

    • (b) in accordance with the authorisation, giving effect to the arrangement or understanding.

    (3) While an authorisation under subsection (3) of section 58 remains in force, nothing in section 28 shall prevent the applicant from—

    • (a) requiring the giving of, or giving, the covenant to which the authorisation relates; or

    • (b) carrying out or enforcing the terms of the covenant to which the authorisation relates in accordance with the authorisation.

    (4) While an authorisation under subsection (4) of section 58 remains in force, nothing in section 28 shall prevent the applicant from carrying out or enforcing the terms of the covenant to which the authorisation relates in accordance with the authorisation.

    (5) While an authorisation under subsection (7) of section 58 remains in force, nothing in section 37 shall prevent the applicant from engaging in the practice to which the authorisation relates in accordance with the authorisation.

    (6) While an authorisation under subsection (8) of section 58 remains in force, nothing in section 38 shall prevent the applicant from doing the act to which the authorisation relates in accordance with the authorisation.

    Section 58A: inserted, on 1 July 1990, by section 19 of the Commerce Amendment Act 1990 (1990 No 41).