New Zealand Legislation: Bills
Bills are proposed Acts
The following sections are inserted after section 48A:
“48B Purpose of sections 48C to 48N (which relate to assistance to overseas regulators)
The purpose of sections 48C to 48N is—
“(a) to provide for when and how the Commission may provide compulsorily acquired information and investigative assistance to overseas regulators; and
“(b) to clarify other matters relating to sharing other kinds of information with overseas regulators.
“48C Definitions of terms used in sections 48B to 48N
In sections 48B to 48N, unless the context otherwise requires,—
“co-operation arrangement means an arrangement concerning the Commerce Commission and an overseas regulator that is entered into under section 48E between the Government of New Zealand and—
“(a) the government of the country in which the overseas regulator is established; or
“(b) if the overseas regulator is established by an international body, the government of that international body
“compulsorily acquired information means information that—
“(a) is acquired by the Commission as a result of, or in relation to, the exercise by the Commission of any of its powers under sections 47 or 47G, or any power incidental to those powers; and
“(b) is not in the public domain
“investigative assistance includes providing assistance by way of exercising any power of the Commission under, or in relation to, sections 47 or 47G, and any powers incidental to those powers
“overseas regulator means an overseas body that has fair trading law functions corresponding to those of the Commission under this Act
“recognised overseas regulator means an overseas regulator that is the subject of a co-operation arrangement.
“48D Restrictions on providing compulsorily acquired information and investigative assistance
The Commission must not provide compulsorily acquired information or investigative assistance to an overseas regulator unless the information or assistance is provided—
“(a) to a recognised overseas regulator in accordance with a co-operation arrangement; and
“(b) in accordance with sections 48H to 48J.
“48E Entering into co-operation arrangements
“(1) The Minister may, on behalf of the Government of New Zealand, enter into a co-operation arrangement concerning an overseas regulator for—
“(a) the provision by the Commission of information and investigative assistance to the overseas regulator; and
“(b) the provision by the overseas regulator of information and investigative assistance to the Commission.
“(2) Before entering into a co-operation arrangement concerning an overseas regulator, the Minister must—
“(a) have regard to the legal framework relating to the use of compulsorily acquired information in the jurisdiction of the overseas regulator; and
“(b) have regard to the potential consequences for New Zealand consumers and businesses of providing compulsorily acquired information or investigative assistance to the overseas regulator; and
“(c) consult with the Privacy Commissioner on any privacy issues arising from the proposed co-operation arrangement.
“(3) The Minister must not enter into a co-operation arrangement unless he or she is satisfied that entering into the arrangement is not inconsistent with any of New Zealand’s obligations under international agreements, conventions, or treaties.
“(4) Every co-operation arrangement must provide for the Commission and the overseas regulator to provide information and assistance to each other.
“48F Content of co-operation arrangements
“(1) Every co-operation arrangement must—
“(a) identify the overseas regulator that it concerns; and
“(b) identify the foreign enactments in connection with which the recognised overseas regulator may seek compulsorily acquired information and investigative assistance from the Commission; and
“(c) set out how any compulsorily acquired information that is provided may be used by the overseas regulator, and how it is to be kept secure.
“(2) A co-operation arrangement may also—
“(a) provide for the reimbursement of the Commission for costs incurred in providing the information or assistance; and
“(b) include other conditions on the provision of compulsorily acquired information or investigative assistance.
“48G Procedures relating to co-operation arrangements
“(1) Every co-operation arrangement must be in writing and be signed by the Minister and the person occupying, with respect to the overseas regulator, an equivalent position to that of the Minister, or any other person that the relevant government considers appropriate.
“(2) As soon as practicable after entering into a co-operation arrangement, the Minister must—
“(a) give a copy of the arrangement to the Commission; and
“(b) publish a notice in the Gazette that—
“(i) states that the arrangement has been entered into; and
“(ii) identifies the overseas regulator concerned; and
“(iii) identifies the parties to the arrangement; and
“(iv) states when the arrangement comes into effect.
“(3) Within 15 working days of receiving the notice from the Minister, the Commission must publish a copy of the co-operation arrangement on its public Internet site, and must keep it there while the arrangement continues in force.
“(4) Subsections (1) to (3) apply with all necessary modifications to every amendment to a co-operation arrangement.
“48H Providing compulsorily acquired information and investigative assistance
“(1) Following a request by a recognised overseas regulator made in accordance with a co-operation arrangement, the Commission may do either or both of the following:
“(a) provide compulsorily acquired information to the recognised overseas regulator:
“(b) provide investigative assistance to the recognised overseas regulator.
“(2) Before providing information or assistance under subsection (1), the Commission must be satisfied that—
“(a) providing the compulsorily acquired information or investigative assistance will, or is likely to, assist the recognised overseas regulator in performing its functions or exercising its powers in relation to fair trading law; and
“(b) the provision of the compulsorily acquired information or investigative assistance will not be inconsistent with the co-operation arrangement.
“(3) In considering whether to provide information or investigative assistance under a co-operation arrangement, the Commission must also consider—
“(a) whether complying with the request will substantially affect the Commission's ability to perform its other functions under this Act or any other enactment; and
“(b) whether the recognised overseas regulator could more conveniently obtain the information or assistance from another source; and
“(c) whether the request would, in the opinion of the Commission, be more appropriately dealt with under the Mutual Assistance in Criminal Matters Act 1992.
“48I Conditions on providing compulsorily acquired information and investigative assistance
“(1) If the Commission provides compulsorily acquired information or investigative assistance to a recognised overseas regulator, the Commission may impose conditions on such provision, including conditions relating to—
“(a) maintaining the confidentiality of information; and
“(b) the storage, use of, or access to anything provided; and
“(c) the copying, returning, or disposal of copies of anything provided; and
“(d) the payment of costs incurred by the Commission in providing anything or in otherwise complying with a request for information or investigative assistance.
“(2) The Commission must not provide compulsorily acquired information that was given by a person whom the information might tend to incriminate unless the recognised overseas regulator gives a written undertaking—
“(a) that it will not use the information as evidence—
“(i) in criminal proceedings against the person (other than in proceedings in respect of the falsity of the person's testimony); or
“(ii) in proceedings against the person for a pecuniary penalty or any equivalent proceedings; and
“(b) that, to the extent that it is within the ability of the overseas regulator to ensure, the information will not be used by any other person, authority, or agency as evidence in proceedings referred to in paragraph (a).
“48J Notice to persons affected by provision of information
“(1) If the Commission provides any compulsorily acquired information to a recognised overseas regulator, the Commission must, as soon as practicable after providing the information, notify the following people that the information has been provided:
“(a) the person from whom the information was acquired:
“(b) every person to whom the information relates.
“(2) However, the Commission need not notify a person as required by subsection (1) if—
“(a) giving notice might compromise any investigation conducted, or to be conducted, by the Commission or any overseas regulator; or
“(b) giving notice would prejudice the maintenance of the law (including the prevention, investigation, and detection of offences, and the right to a fair trial) in New Zealand or elsewhere; or
“(c) it is not practicable in the circumstances to give notice to the person.
“48K Reporting on use of co-operation arrangements
The Commission’s annual report must report on the use and operation of co-operation arrangements during the period covered by the report, and include information on—
“(a) the number and general nature of requests for information and investigative assistance received from recognised overseas regulators; and
“(b) the number and general nature of requests for information and investigative assistance that the Commission has made to recognised overseas regulators.
“48L Sharing of non-compulsorily acquired information not affected
Except to the extent that non-compulsorily acquired information is dealt with in a co-operation arrangement, the ability of the Commission to provide non-compulsorily acquired information to an overseas regulator is not affected by—
“(a) sections 48B to 48K; or
“(b) whether or not the overseas regulator is a recognised overseas regulator.
“48M Information provided by consent
Nothing in sections 48B to 48K or any co-operation arrangement prevents the Commission providing any information to an overseas regulator with the consent of the person who is the subject of the information.
“48N Maintenance of privilege
“(1) If the Commission provides to an overseas regulator, for the purpose of assisting the overseas regulator to perform its fair trading law functions, a communication or information in respect of which the Commission has any privilege referred to in section 54, 56, or 57 of the Evidence Act 2006, the Commission is not to be taken as having waived its privilege in relation to that communication or information merely by providing it to the overseas regulator.
“(2) If the Commission receives from an overseas regulator, for the purpose of assisting the Commission to perform its fair trading law functions under this Act, a communication or information that, under the law of the country of the overseas regulator is subject to a privilege analogous to a privilege of a kind referred to in section 54, 56, or 57 of the Evidence Act 2006, that communication or information is subject to the analogous privilege in New Zealand, and the Evidence Act 2006 applies accordingly.
“(3) The Commission must not provide a communication or information that is subject to the privilege referred to in section 57 of the Evidence Act 2006 (which relates to settlement negotiation and mediation) to an overseas regulator unless every other party that has a privilege in relation to that communication or information consents to the Commission providing the communication or information to the overseas regulator.
“(4) To avoid doubt, this section applies whether or not a communication or information is provided under a co-operation arrangement.”