Competition (Amendment) Act, 1996

Certificates in respect of agreements, decisions or concerted practices.

5.—Section 4 of the Principal Act is hereby amended by the substitution of the following subsection for subsection (4):

“(4) (a) The Authority may certify that in its opinion, on the basis of the facts in its possession—

(i) an agreement, decision or concerted practice, or

(ii) a category of agreements, decisions or concerted practices,

does not contravene subsection (1).

(b) Where a certificate under this subsection covers a category of agreements, decisions or concerted practices, any agreements, decisions or concerted practices (as the case may be) within that category need not be notified under section 7 to benefit from the certificate.”.