Competition Act · 2022 Revised Edition · Part · General
73. Regulations
Official textFrom Attorney General's Chambers, unchanged
The Minister may, with the approval of the His Majesty the Sultan and Yang Di-Pertuan, make regulations which are necessary or expedient for giving effect to and carrying out the provisions of this Act, including the prescription of fees and of any other thing required to be or which may be prescribed under this Act, and for the due administration thereof.
Minister
“Minister” means the Minister charged with the responsibility for general competition matters;
Without prejudice to the generality of subsection (1), the Minister may make regulations for or with respect to all or any of the following matters —
the form and manner in which a notification under section 17(1) is to be made;
the form and manner in which complaints that the section 11
prohibition has been infringed by any agreement, the section 21
prohibition has been infringed by any conduct, the section 23
prohibition will be infringed by any anticipated merger, if carried into effect, or the section 23 prohibition has been infringed by any merger, are to be submitted to the Commission;
the acceptance of commitments, and the variation, substitution or release of commitments, including the parties that may apply for the variation, substitution or release of commitments and the form and manner in which applications for the variation, substitution or release of any commitment are to be submitted to the Commission;
Competition
the form and manner in which notices of decisions and directions of the Commission are to be given, and the persons to whom such notices are to be given;
the fees to be charged in respect of anything done or any services rendered by the Commission under or by virtue of this Act, including the calculation of the amount of fees by reference to matters including —
the turnover of all or any party to an agreement
(determined in such manner as may be prescribed);
the turnover of any person whose conduct the
Commission is to consider (determined in such manner as may be prescribed);
the turnover of all or any party to an anticipated merger
(determined in such manner as may be prescribed); and
the turnover of all or any party involved in a merger
(determined in such manner as may be prescribed); and
anything which may be prescribed or is required to be prescribed under this Act.
Terms defined in s 2
agreement
Defined · s 2“agreement” includes any agreement, arrangement, understanding, undertaking or promise, whether expressed or implied, written or oral;
anticipated merger
Defined · s 2“anticipated merger” means an arrangement that is in progress or contemplation and that, if carried into effect, will result in the occurrence of a merger referred to in section 23(2);
Minister
Defined · s 2“Minister” means the Minister charged with the responsibility for general competition matters;
party involved in a merger
Defined · s 2“party involved in a merger” means a person or an undertaking specified in section 23(2) and includes the merged entity;
party to an anticipated merger
Defined · s 2“party to an anticipated merger” means a person or an undertaking which would be a person or an undertaking specified in section 23(2) if the anticipated merger were carried into effect;
section 11 prohibition
Defined · s 2“section 11 prohibition” means the prohibition referred to in section 11(1);
section 21 prohibition
Defined · s 2“section 21 prohibition” means the prohibition referred to in section 21(1);
section 23 prohibition
Defined · s 2“section 23 prohibition” means the prohibition referred to in section 23(1);