Minister:
Minister of Commerce and Consumer Affairs
Current Minister:
Hon Andrew Bayly
Description:
Responsibilities include corporate law and governance, financial markets, competition policy, consumer policy, protecting intellectual property, and trade policy and international regulatory cooperation.
Department:
The Ministry of Business, Innovation, and Employment provides the administrative support for this portfolio.
Crown entities:
Accreditation Council
Commerce Commission
External Reporting Board
Financial Markets Authority
Retirement Commissioner
Takeovers Panel
Other organisations:
Joint Accreditation System of Australia and New Zealand
Copyright Tribunal
Dispute resolution schemes1
Motor Vehicle Disputes Tribunal
Standards Approval Board
Vote:
Vote Business, Science and Innovation
Legislation:
Auctioneers Act 2013
Auditor Regulation Act 2011
Bills of Exchange Act 1908
Building Societies Act 1965
Cheques Act 1960
Commerce Act 1986
Companies Act 1993
Consumer Guarantees Act 1993
Co-operative Companies Act 1996
Copyright Act 1994
Corporations (Investigation and Management) Act 1989
Credit Contracts and Consumer Finance Act 2003
Designs Act 1953
Electricity Industry Act 2010 (subpart 1 of Part 4 only)2
Fair Trading Act 1986
Financial Market Infrastructures Act 2021
Financial Markets Authority Act 2011
Financial Markets Conduct Act 2013
Financial Markets Supervisors Act 2011
Financial Reporting Act 2013
Financial Service Providers (Registration and Dispute Resolution) Act 2008
Friendly Societies and Credit Unions Act 1982
Geographical Indications (Wine and Spirits) Registration Act 2006
Imports and Exports (Restrictions) Act 19883
Incorporated Societies Act 1908
Incorporated Societies Act 2022
Industrial and Provident Societies Act 1908
Insolvency Act 2006
Insolvency (Cross-border) Act 2006
Insolvency Practitioners Regulation Act 2019
Insurance Intermediaries Act 1994
Insurance Law Reform Act 1977
Insurance Law Reform Act 1985
KiwiSaver Act 2006 (Part 4, aspects of Part 5, Schedules 1 and 2)4
Law Reform Act 1936 (Part 3)
Layout Designs Act 1994
Life Insurance Act 1908
Limited Partnerships Act 2008
Marine Insurance Act 1908
Motor Vehicle Sales Act 2003
New Zealand Institute of Chartered Accountants Act 1996
New Zealand Superannuation and Retirement Income Act 2011 (part 4 and Schedule 6)5
Partnership Law Act 2019
Patents Act 2013
Personal Property Securities Act 1999
Receiverships Act 1993
Retail Payment System Act 2022
Securities Trustees and Statutory Supervisors Act 2011
Standards and Accreditation Act 2015
Sunscreen (Product Safety Standard) Act 2022
Takeovers Act 1993
Tariff Act 1988
Trade (Anti-dumping and Countervailing Duties) Act 1988
Trade Marks Act 2002
Trade (Safeguard Measures) Act 2014
Trans-Tasman Mutual Recognition Act 1997
Trustee Companies Management Act 1975
Water Services Economic Efficiency and Consumer Protection Act 2023
Weights and Measures Act 1987
1 The Minister nominates Consumer representatives for the dispute resolution schemes operated through the banking ombudsmen, insurance and savings ombudsmen, electricity and gas commissioner, telecommunications dispute resolution service.
2 The Minister of Energy and Resources is responsible for the administration of the rest of the Electricity Industry Act 2010.
3 The Ministry for the Environment has policy and administrative responsibility for the Imports and Exports (Restrictions) Prohibition Order (No 2) 2004.
4 Overall responsibility for the administration of the KiwiSaver Act 2006 lies with the Revenue portfolio. The Minister of Commerce and Consumer Affairs and the Minister of Finance are jointly responsible for the appointment of default KiwiSaver providers under section 177 of the Act.
5 Provisions relating to the Retirement Commissioner
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