ZA019: Anti-competitive Practices, Act (Amendment), 10/05/1983, No. 62
MAINTENANCE AND PROMOTION
OF COMPETITION AMENDMENT ACT
NO. 62 OF 1983
[Assented to 10 May, 1983] [Date of Commencement: 20 May, 1983]
(English text signed by the State President)
ACT
To amend the Maintenance and Promotion of Competition Act, 1979, in relation to certain definitions; so as to provide for the appointment of two more members to the Competition Board; to extend the said board's power to gather information regarding certain business agreements, to business agreements intended to be entered into by a person; to render in wider terms certain powers of the board and of the Minister of Industries, Commerce and Tourism; and to authorize the Minister to make known certain reports of the board either before or after they have been tabled in the House of Assembly; and to provide for incidental matters.
1. Amends section 1 of the Maintenance and Promotion of Competition Act, No. 96 of 1979, as follows:-paragraph (a) substitutes in the definition of "acquisition" the words "competition directly or indirectly" for the words, "or is calculated to restrict, competition,"; paragraph (b) substitutes the definition of "Minister"; and paragraph (c) substitutes in the definition of "restrictive practice" the word "likely" for the word "calculated".
7. Short title.-This Act shall be called the Maintenance and Promotion of Competition Amendment Act, 1983.