FAIR TRADING ACT 2010 - SECT 52
FAIR TRADING ACT 2010 - SECT 52
52 . Transitional provisions for codes of practice prescribed before 1 Jan 2011
(1) Regulations made
under the Fair Trading Act 1987 section 84 prescribing a code of practice in
accordance with section 43(1) of that Act and that were in force immediately
before the commencement of this section continue in force after that
commencement as if they were made under section 45, but nothing in
section 45(2) and (3) applies in relation to those regulations.
(2) However, in the
case of regulations prescribing a code of practice that first took effect at
least 3 years before the commencement of this section, those regulations do
not continue in force under subsection (1) unless, within the period of 3
years beginning on the date on which that code of practice first took effect,
a review, in accordance with the Fair Trading Act 1987 section 42, has been
undertaken.
(3) Where regulations
(other than regulations to which subsection (2) applies) continue in force
under subsection (1), the regulations expire at the close of the last day of
the period of 3 years beginning on the date on which the code of practice
prescribed by the regulations first took effect unless, within that period
—
(a) the
Commissioner undertakes a review of the code of practice; and
(b) in
undertaking the review, the Commissioner follows the consultation procedures
set out in section 44.
(4) Regulations made
under the Fair Trading Act 1987 section 84 prescribing an interim code of
practice in accordance with section 43(2) of that Act and that were in force
immediately before the commencement of this section continue in force after
that commencement as if they were made under section 46.