Section 83Part 12 — Anti-competitive practices
Agreements notified to Office
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83. (1) This section applies to any period of time prior to a person entering into an agreement where that person is of the opinion that the agreement may infringe the section 66 prohibition and the person has notified the Office of the intended agreement and has requested a decision as to whether an exemption can be granted with respect to the intended agreement.
The Office may not impose a penalty under this Part in respect of any infringement of the section 66 prohibition after notification but before the Office determines whether an exemption shall be granted.
Where the Office determines not to grant an exemption with respect to the intended or completed agreement, subsection (2) ceases to apply from the date on which that determination has been made and notified to the applicant.
The fact that an intended agreement has been notified to the Office does not prevent the investigation of it under this Part. Utility Regulation and Competition Act (2024 Revision) Section 84 c Revised as at 31st December, 2023 Page 57