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Review of codes
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16. (1) A person representing one or more buyers may submit a code of practice to the regulator for review.
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(2) A code shall be submitted in the form and manner specified by the regulator.
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(3) A person submitting a code of practice for review shall provide the regulator with any information the regulator considers necessary or appropriate.
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(4) The regulator may comment on a code of practice submitted under this section.
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(5) The fact that the regulator does, or does not, comment on a code of practice submitted under this section implies neither approval nor disapproval of the code, and shall not be taken to inhibit the regulator in performing any function (including exercising any power) under this Act.
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(6) A code of practice issued by one or more buyers (whether or not submitted for review under this section) is admissible in evidence in any proceedings before a court and may be taken into account in determining any question in respect of the persons issuing the code.
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