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Sections of the Fair Competition Act

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Sections of the Fair Competition Act
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FAIR COMPETITION

THE FAIR COMPETITION ACT

ARRANGEMENT OF SECTIONS 1. Short title.

PART I. Preliminary 2. 3. Interpretation. Application of Act.

PART II. The Fair Trading Commission 4. 5. 6. 7. 8. 9. 10. 11. Establishment of Commission. Functions of the Commission. Commission shall seek information. Powers of the Commission. Hearings to be held in public. Minister may give directions. Powers of entry and search, etc. Discontinuance of investigation.

Financial Provisions, Accounts and Reports 12. 13. 14. Funds of Commission. Accounts and audit. Reports.

Appointment of Staff 15. 16. Appointment of Executive Director, Secretary and other employees. Pensions, gratuities and other retiring benefits.

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PART III. Control of Uncompetitive Practice 17. 18. 19. 20. 21. Provisions of agreement having effect of lessening competition. Agreements containing exclusionary provisions void. Existence of dominant position. Abuse of dominant position. Action in relation to abuse of dominant position.

PART IV. Resale Price Maintenance Collective Resale Price Maintenance 22. 23. 24. Collective agreements by suppliers prohibited. Collective agreement by dealers. Application of sections 22 and 23 to associations.

Individual Minimum Resale Price Maintenance 25. 26. 27. 28. Minimum resale price maintained by contract or agreement. Patented goods under section 25. Maintenance of minimum resale prices by other means. Interpretation.

PART V. Authorizations 29. 30. 31. 32. Grant of authorizations. Effect of authorization. Revocation of authorization. Register of authorizations.

PART VI. Exclusive Dealing, Tied Selling and Market Restriction 33. Exclusive dealing.

PART VII. Offences against Competition 34. 35. 36. Price fixing. Conspiracy. Bid-rigging.

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37. 38. 39. 40. 41. 42. 43. 44. 45. Misleading advertising. Representation as to reasonable test and publication of testimonials. Double ticketing, Sale at bargain price. Sale above advertised



References: Functions of the Commission. [Amended, 2001] 7 Commission shall seek information. [Amended, 2001] Powers of the Commission. [Amended, 2001] 8 Discontinuance of investigation. [Amended, 2001] Powers of entry and search, etc. Hearings to be held in public. Minister may give directions. [Amended, 2001] Action in relation to abuse of dominant position.

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