N$7.00
WINDHOEK - 24 April 2003
No.2964
GOVERNMENT GAZETTE
OF THE
REPUBLIC OF NAMIBIA
CONTENTS
Page
GOVERNMENT NOTICE
No. 92
Promulgation of Competition Act, 2003 (Act No. 2 of 2003), of the Parliament ...
1
_______________
OFFICE OF THE PRIME MINISTER
No. 92
2003
PROMULGATION OF ACT
OF PARLIAMENT
The following Act which has been passed by the Parliament and signed by the President
in terms of the Namibian Constitution is hereby published in terms of Article 56 of that
Constitution.
No. 2 of 2003: Competition Act, 2003.
_______________
Government Notice
Act No. 2, 2003
COMPETITION ACT, 2003
ACT
To
safeguard and promote competition in the Namibian market; to establish the
Namibian Competition Commission and make provision for its powers, duties
and functions; and to provide for incidental matters.
(Signed by the President on 3 April 2003)
ARRANGEMENT OF SECTIONS
CHAPTER 1
PRELIMINARY PROVISIONS
Section
1.
Definitions
2.
Purpose of Act
3.
Application of Act
CHAPTER 2
NAMIBIAN COMPETITION COMMISSION
4.
Establishment of Commission
5.
Constitution of Commission
6.
Alternate members
7.
Term of office
8.
Vacation of office and filling of vacancies
9.
Remuneration
10.
Conduct of members and disclosure of interest
11. Meetings of Commission
12.
Committees of Commission
13.
Staff of Commission
14.
Inspectors
15.
Consultants
16.
Functions, powers and duties of Commission
17.
Funds of Commission
18.
Bank accounts
19.
Investment of money
20.
Financial year, accounts and audit
21.
Annual report
22.
Power of Commission to make rules
CHAPTER 3
RESTRICTIVE BUSINESS PRACTICES
Part I
Restrictive Agreements, Practices and Decisions
23.
Restrictive practices prohibited
Part II
Abuse of Dominant Position
24.
Application of this Part
25.
Criteria for determining dominant position
26.
Abuse of dominant position
Act No. 2, 2003
COMPETITION ACT, 2003
Part III
Exemption of Certain Restrictive Practices
27.
Grant of exemption for certain restrictive practices
28.
Determination of application for exemption
29.
Revocation or amendment of e