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Note: This Section provides you with an online version of the the Fair Competition Act (FCA). The marginal notes have been omitted from this version. For a copy of the entire document in PDF format, including the amendments and regulations click here. You will need Acrobat Reader software to view this document; download this software free from Adobe.


(PART V) AUTHORIZATIONS


29. Grant of Authorization.

(1) Subject to subsection (2), any person who proposes to enter into or carry out an agreement or to engage in a business practice which in the opinion of that person is an agreement or practice affected or prohibited by this Act, may apply to the Commission for an authorization to do so.

(2) In respect of an application under subsection (1) the Commission-

(a) may notwithstanding any other provision of the Act, if it is satisfied that the agreement or practice, as the case may be, is likely to promote the public benefit grant an authorization subject to such terms and conditions as it thinks fit; or

(b) may refuse to grant an authorization and if it does so, the Commission shall inform the applicant in writing of its reasons for refusal.

 

30. Effect of authorization.

While an authorization granted under section 29 remains in force, nothing in this Act shall prevent the person to whom it is granted from giving effect to any agreement or any provision of an agreement or from engaging in any practice to which the authorization relates.

 

31. Revocation of authorization.

(1) Subject to subsection (2), the Commission may revoke or amend an authorization if it is satisfied that-

(a) the authorization was granted on information that was false or misleading

(b) there has been a breach of any terms or conditions subject to which the authorization was granted.

(2) The Commission shall, before revoking or amending an authorization, serve on the relevant applicant a notice in writing specifying the default and inform him of his right to apply to the Commission to be heard on the matter within such time as may be specified in the notice.

 

32. Register of Authorizations.

(1) The Commission shall keep a register, in such form as it may determine, of authorizations granted under this Part.

(2) The register shall be kept at the office of the Commission and shall be available for inspection by members of the public at all reasonable times.




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