Commerce Act 1986 (No. 5 of 1986).

The purpose of this Act, consisting of 118 sections divided into seven Parts and six Schedules, is to promote competition in markets for the long-term benefit of consumers within New Zealand. The goods to be marketable are personal property of every kind (whether tangible or intangible) including: ships, aircraft, and vehicles; animals, including fish; minerals, trees, and crops, whether on, under, or attached to land or not; gas and electricity; to avoid doubt, water and computer software. Part 1 establishes a commission to be called the Commerce Commission. Except as expressly provided otherwise in this or any other Act, the Commission must act independently in performing its statutory functions and duties, and exercising its statutory powers. Restrictive trade practices (Part 2); Business acquisitions (Part 3); Regulated goods or services (Part 4); Authorisations and clearances (Part 5); Enforcement, remedies, and appeals (Part 6); and Miscellaneous provisions (Part 7).
The six Schedules are divided as follows: Transitional, savings, and related provisions and Classes of merger or takeover proposals requiring prior clearance or authorisation by the Commission (I); Enactments amended (II); Enactments repealed (III); Orders and notices revoked (IV); and Material incorporated by reference (V); Exemptions from Part 4 in respect of specific pipelines.