Fair Trading Act 1986

Fair Trading Act 1986
New Zealand Parliament
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.
Date of Royal Assent 17 December 1986
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.

Main rules

The Act protects customers from unfair conduct. Unfair conduct has been classified in the act as the following:

  1. Misleading and deceptive conduct: Generally, in relation to goods, in relation to services and in relation to employment[2]
  2. Unsubstantial representation[3]
  3. False representations[4]
  4. Unfair practices: These include but are not limited to Bait advertising, referral selling and trading stamp schemes. Regulation relation to Trading stamp schemes however has been repealed. [5][6]

Part 2 of the Act also looks at Consumer information. It defines standards and also compliance requirements.

See also

References

External links