Important intellectual property safe harbours should not be repealed in this bill. The removal of section 45 from the Commerce Act would remove the protection that firms have when they license IP to a competitor, having a chilling effect on pro-competitive licensing of intellectual property to competitors and other third parties. The repeal of section 36(3) from the Commerce Act will impede the ability of businesses with substantial market power to enforce their intellectual property rights. This Supplementary Order Paper restores the intellectual property safe harbours in the Commerce Act removed by the bill. Reinstating these safe harbours will give businesses confidence to invest in, and license, intellectual property. Robust IP enforcement and licensing protection will ultimately create positive outcomes for New Zealand businesses and consumers, and encourage investment.