Question NW1609 to the Minister of Economic Development

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13 June 2016 - NW1609

Profile picture: Cardo, Dr MJ

Cardo, Dr MJ to ask the Minister of Economic Development

When will the provision of the Competition Act‚ Act 89 of 1998, as amended, which states that a person found guilty of an offence under the competition laws may be fined up to R500 000 or imprisoned for up to 10 years‚ be implemented?

Reply:

Implementation of Section 13 of the Competition Amendment Act, 2009 (Act No1 of 2009) came into effect on the publication of the Proclamation in the Government Gazette on 9 June 2016.

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