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Competition Act, 2002 Section 43A - Bare Act

StateCentral Government
Year
Section TitlePower to Impose Penalty for Non-furnishing of Information on Combinations
Act Info:

1[43A. Power to impose penalty for non-furnishing of information on combinations.--

If any person or enterprise who fails to give notice to the Commission under sub-section (2) of section 6, the Commission shall impose on such person or enterprise a penalty which may extend to one per cent, of the total turnover or the assets, whichever is higher, of such a combination.]

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1. Inserted by the Competition (Amendment) Act, 2007 [Act No 39 of 2007].




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