Fair Trading Act 1986 | |
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Parliament of New Zealand |
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Long title/ Purpose |
An Act to prohibit certain conduct and practices in trade, to provide for the disclosure of consumer information relating to the supply of goods and services and to promote product safety and also to repeal the Consumer Information Act 1969 and certain other enactments. |
Dates | |
Date of Royal Assent | 17 December 1986 |
Other legislation | |
Status: Current legislation |
The Fair Trading Act 1986 is a statute of New Zealand. Its purpose is to encourage competition and to protect consumers from misleading and deceptive conduct and unfair trade practices.[1]
The Fair Trading Act provides for consumer information standards. Under the Act, the Commerce Commission enforces product safety standards on items such as bicycles and flammability of children's night clothing.