EXTRAOROINARY PUBLISHED BY AUTHORITY

ISLAMABAD, WEDNESDAY, OCTOBER 13,2010

?ART I

Acts, Ordinance., I'resident's Orders ilnd Regulations

NATIONAL ASSEMBLY SECRETARIAT

fslamabad. Ihe 131h Oerober. 2010

No. F. 22 (30)12009-Legis.-The following Act of Majlis-e-ShOQr~ (Parliament) ",,,,, i,,,d the assem of the President on the 6th O<:toOcr, 2010 and is he",by published for general information:-

AcrNO. XIX OF 2010

An Act /Q pcovide for fru CO»lM/irion i" all ,phtres of co~rcial and ecollomic aCli~ily 10 enhance economic efficiency and 10 protect

consumers from anri competitive behaviour.

WHEREAS it i. expedient to make provisions to ensure free competition in all sphe"'. of commerc ial and economic activ ity to enhance economic efficiency "od to protect consumcu from anti -cnmpetitiye behavior and to provide for the establishment of the Competition Commission ofPaki,tan tn maintain and enhance competition; and for mauers connected tt>erewith or incidental theretn;

It is herby enacted as follows:-

(645)

Price: Rs. 30.50 [291 8(20 I 0).1'&. Gaz.J

CIIAPTI:R I

l. S hort lille, eXle nl, a pl'li~llli(J n and commenccnlcnl .-{l ) Th>~ Act may i)e ca lled the Comretition ACt. 20 10.

(2) h e ~tend, 10 {Ix" whole of l'.kisc~l\.

(3) It lJIaU apply 10 all underukings and 311 aClions or mallers lha! lake place in Paki~lan and di510rt comPl'liliQI. w'th,n Patistall.

(<I) 1\ ~~311 come into force at Ollct.

2. Ucfi nitio ns .---{ I ) III thi S Act. unlc,s there is anything rcpug" '''ll in the ,ubjtct or cnmc~ t:-

(.) ··a.cqUL~ition" means .ny chanj,'i: of con!rol of any un<.\enakmg by way of ac'luisitiOil of S~ ISSCIS or any ot/.,,- means:

(b) "I~ment" ioclu~ any arrangement. unde~3nding Of practice. whether or nO( it .s in wrillng or inlended to be legally cnforttablc;

(c) "Ch~innan " mean, tlk: ChAmnan of the Comnllssion and includes the Acting Ch3irm~n :

(d) "Cumminion" meallS lhe Competition Comnussion uf Pab«an cstablished under .section 12:

(e) "OOmlllant position" of one undcnaking or ~'''Blllndcnal:ing.. in a ",tevant markel ~aJl be dcclIlCd 10 ni" if ~lIch undenaking or un(lcnaking. have the abilily to behave 10 an 31'Pftciablc C~ICnt indepenocmly of CQlnpelilors. CII:ilOmcrs. COIl",mt'fS and $lfppl;"r:\ "nd the po,il ion of an un(lcn~king ~h~1I he pre,"med 10 b<: do minant if it. share uf (he relevan! m~ rkc( c.'cccds fony percell!;

(0 "goods" include, any Item. raw material. product or by·product ",Inch ,~~.d for COrlsidcration;

(8) " Member' means a n.embl.T of I"" CommissKlll;

(h) "l11<:rgc," m.ans the merger. :lCQ\li.ition. amalgamalion, cumbin,1l>on or joining of IWO or m01e undc:m ~in gs or pan thereuf irl(O an eXI""'g ul1ocr(aking or 10 form it n~w un(\cnakjn£ : and expression "mi.'rg,···

PA~ r II THE GAZETfE Or PAKISTAN. EXTRA. OCTOBER 13.2010 647

means to merge. acquire. amalg"matc. combine or join. a, (he cOn tq( may requue:

(i) "Minister"' means the Federal Minijter for Finance and in h is abs.:nce. the Ad"i",,, to the Prime Mini5ter on Finance;

(j) "Ordinance" mC~ns the Complln ies Ordinance 1994 (XLVII of 1994);

(\;) "rebl'"1 market" · mcanstk market which shall bcdetermincd hy the Commission wit h reference 10 a product market and a geographic market and a product nlarket romprises of all those products or scroiccs which are rega rded as inlcrc h~ngeab l e or Substi n' tabk by thc consumers by reason of (he prod ucts' charac terisl ic~. prices and in(ended useS, A geographic markel compri,.", the area in whi,' h lhe und<:nakil1g' con""med are in\'ol,'ed in the supply "f prodUCIS Or >cn'ices and in which lhc ,'ondition, of compel ilion are sufftciently homogenous a nd which can be di, t ingui,hed fwm n('ighbo ril1g geographic areas because. in panicular. the co nd it ions of comret ition arc apprec iably different in lho,e area,, ;

(I) ·'l\,'tailer"·. in rd ation to th~ sale of any good~, means a pen;(m who ,cll, th~ good, to any other rerson ot her lhan for re- sale;

(m) "regulations" m~an' the regulalion, made by the Comm iss ion u"dcr th is An,

(n) "rule," means the rules made by the Federal Government un<1cr (his Act :

(0) "w[\' tce," mean, a service of any deocription whether indU,<lrial. Ira,!\: . professional or Ol herwi", ;

(p) " Tribuna l" mcunS Competition Appella te Tribun a l under ",cl ion 43 ur t hr Ad;

(q) ·'.,ndawking" ' means Jny natural or kgal pcrWIl . governmental body itlt'lu((i"g a regulatory "u!hority. tx>dy corporate, IJ31lnersilip. ~ssociation, trust Or olher entity in any way engaged, di=lly or indirectly. in (he prod uclion, ,upply. d istribution of good, or provision or contrQl of serv ices and 'hall include an association or undcnakiogs; and

(r) "wholesaler" ' in relation (0 lhe sa le of . ny goods. "",an, " pcrwo who purchase, good, and ", II, them to any other pcr", n for rc -",Ie

648 THE GAZETIE OF PAKISTAN. EXTRA .• OCTOBER 13.2010 [Po\K' I

(2) The words and upreasioos UKd but not <kftnM in ilIisAcl shall bave lhe:<llme meanings respectively assigneli 10 them in the Ordinancc.

CHAPTER II

PROHIBITION OF AB USE Of DO MI NAr"o'T POSITION. C ERTAI N AG REEMENTS, DEC EPTIVE MARKETING PRACTICES ANIl

APPROVAL OF MERGERS

3. Abuse oCdo,mlna nl po~ilion.--< l ) No person sh~1J ~buse dominant position.

(2) An abuseof dominant posilion shallb!: deemed to hl,'e been brought about. maintain...:! or CQIllinuoed if il consisu of p"":1ico whic h preven!. I'eSlricl. ~dllCe. or diston compelitioo in lhe relcnnl mllfkei.

(3) The expression "praclices ~ferred to in sub section (2) sll.tll include. but are not limited to----

(a) limiting prodllCtion. sales 'll(! unrcaS(ln3ble ioc",ases in price or other unfair trading conditions:

(b) price di.'iCriminatinn by cha rg ing diITcrcnt prices for the sam~ goods or . e rv ic es from diffe renl cuSto men in th e abse nce o f object ive j ustifications that may justify diIT,rent prices;

(<::) tie_ins, where the sale of goods or service i. made condilional on lhe purchase of otIIcr goods or service~

(d) making coroc:lusion of COIlIlOCU subje« 10 acceptitJl«: by lhe other paniesof supplemcnW)' obIigalions which by their RatUfCOf attonJing to commerc ial ulilge, have no «>nntCtion wim the subjc(t of lhe COfItracts.;

(e) aw lying dissimilar conditions toequiv. lent trl\INctioos on O\hcrpilflles. placing them at a competitive di~advantage:

(I) prcdatory pric ing driving competitOr!; OUt o f a marKe t. prevent MW

cnt!)'. and monopolize lhe market:

(g) boycotting or cM: luding any other un"'ruking f rom the produclioo. distribulion or SII~ of Iny goods or the prov;~;on of any service; or

(h ) ",fusing 10 dc.'al.

PAl" II THE GAZETrE OF PAKISTAN. EXTRA. OCTOBER 13, 2010 649

4. I'rohibiltd agrffmenls.-( I) No undenaking or associalion o f unden~~ings shall entcr ,nlO any agrttrnent or. in th~ ca"" of an l.<.sociat ion of undm:lktngs. shall In;lkc a dec i$ion in ~t of the production, supply. distribution. acquis itiun or contrQI of goods or the provision of se rvices which h~vc the object or eff""" uf p<ev~nling. l1:strict;ng or reducing competi tion within the relevant m~'~Ct

unle<..~ exempted under :ieCtioo 5.

(2) Such agreements iocludc. bu1 afe not limited u>-

(a) (i~ing tbe J"'irrhasc or soening price or imposing any Other rcstrictiv~ trading conditions with ~ganl to the $lIe or diSlri\!ution of any good, or the provi.ion of any service:

(,b) dividing or sharing of markets for the goods or ~rvic~", whether by ~itori¢$, by volumeo( $lle<or purt:lwes. by type of goods or oervro ""Id or by any other mearu;

(c) fi.' ing or soening the quant ity of produCtion. di"ri!JIliion or sale with "'gard to any good~ or the mann~r or means of pro"iding any .erviccs:

(d) limiting tC(hnical development 01' mvcstment with regard to the production. d istribut ion or sale of an y goods or the pru~ ision 0( any ..,rvice: or

(e) colJu§ive tClWkring or b idding for SItle, purehase or procurement of any goods or service .

(f) . pplying dissinl il", conditions to equh~lent tramactions wi rh other trading p.tnies. ther~by placi ng them at a disadvantage: and

(I) make the eoocl ll1>ion of contract., .ubjl.'CI. to ;KCcplance by the OIher panics of suppj~ment~ry obiigatiorn; which. by tltcir nalure 0.- accord ing 10 commcr<: ial u .... ge . have no connection with th~ subj.:ct of suc h contracts.

(3) Any al!'CelnC' n1 entered into in contnlvention of the provi.ion in sub­sect i(m ( I ) ~hall be void.

S. Ind ividual nrrnpt io n ,-( I) T he Co mmission may grant an cAcmplion from SC<:lion 4 wiUt rupe<t to ~ pank ular prM:tice or agreement, if a request for an ~xcmptiO!l ha. been m~dc 10 it by a p~rty to the agreement Or practic~ and the agreemem is one to which sect ion 9 app lies.

6~O TI lE GAZElT£ Of' PAKISTAN, EXTRA. OCTO lll.' R 13. 20 10 IP~IQ I

(21 T he c~( mp!I(lI1 under ;Wi:>-l'CCUOIl ( I ) may be 8 raoloo subjec, 10 lhe '-'Ood;II011s I~ lhe Commis.<;oo cons Ide,., ;, ~pprOfJri~IC 10 im(X)SC and has erfcc, fOl such penod a~ ,he COnlin I"ion <' ons«!t:r, "pproprialC.

el) °ln a, P<'riod mus, be specified in ,he grant of ,hi:: cxcmpuOll.

(4 ) A" ind ividual exempl ion may hoe gra med .o 3S '0 h,,·c cffc<' , from ~ d ue carhe r lhan thaI 011 ", hich it. IS granlcd.

( ~ ) On I n applicat;oo ma(lc in such a way a. ma y be specified by ,he

ru les made "mJer ""cliolt 5~. the COlllmi"ion may ext~nd IhC period for wh ich all n emptloll has d f"" ,; bu t. if the ru l~ 1'0 provide. the Commi>!; 101'1 may do ..... o nly ;11 ' Pl"C lr.ru cll'Cumsul>Ct$.

6. Can cc ll ~ tjon , <"I ~ •• of indi " idu,,1 <'~~ "'l'tiOIl S,_( I ) If Ihe COllln,,~~iull has rc~ ...... ""ble grounds for t>cli;: vlng Ihal rlle rc !las bI.-,: n a mal~r~11

dl.1c!:~ of nfCu~aoccs SlntX 11 ~mnred an illdl vidual ".,cmpllon .• , may by oo .. CC '" ,., ,,, inll_

(a) ea'>Cel the u eltlplion:

\h) vary or ",mo,.., any rondilion oro/lhp lion; or

Ie) IlII PO'" olle or more add"io,, "1 cund",ons or o/ll igal;OIl S.

(2) If IOC C\)mmi~ion h~s reason able IlUspic ion lh~tlhc ,n [lII"nI3110 n 011 "hich n based ; ls d..x:i~ion 10 grant an indIvidual e),~mplion was nlCOllIpklC, fa"'c Of

m;,leadmg III ;, malcrill pIInicular. ,he Comm i.«io" may by n(l(;cc in writ IlIg t:lk~

~II)' of dl ~ 61C", mCllllolled in sub, \CCtioli (I).

P) BIl.'ach o r 3 condilion has th" <:ffee! of caoce!liug the exempllon

(4) Fa, lure 10 comply willi fi ll oblig~! ion all ow, II~ Commission. by ooucc '" wriling 10 t3 ~C an y o f the >leps mtol;oncd in $1Ii:>-=1' 0I1 ( I ).

(.~) The Co nllni",ion may act under Ihls ><-ci ioo on " s o wn ;niliatlve Of on <"('lIl pla",1 mad<: by an y JXrson .

7 Block U t lll l'''.III,--( 1 ) If agr«lIlems which fa il ,,·;thill a pll rucular riu<'gory o[ agll."emcm~ an:: . in the op,nion of lhe Co",mi ssion. likely to b.: lS~""'Il1' 1H which s.:, lion 9 appl ies, the COlllmi" ion may mak~" block exemptiOIl order g i" ing nelllpl ;on 10 soch agr<"elllcms.

(2) A bIocl e. c llIpllon orde r may impo<e condllions orobligalio." snbJ<-"C1 to w h le h n t, lOc l c , elllll! ion is to h~ VC ,·[fcc l.

PAJT II TU E GA ZETTE Of PAKISTAN. EXTR A .. OCTOIl£R 13. 2010 6~1

(3) A bloc k e .... mJllion order may proy,de--

(al that brcKh of a cond,uOll im~ by the onIcr !la< .he tHee. of c ~ nccling lhe block .. . .. mpl iQl, in ~Sl""" of an ~l:r~'C",cm:

(b) th at iftller<: is a f. ilure 10 con'pl )' wilh an obliga.i on i "'poSl..~J by .he onkr . • he Commi~ioll may. by notice in wr iling. c~"cd .he iJloc l exemJll ion in res(X<: t orthe agn.'t:mcn' ;

(e) lha . if lhe Commission eon~iders lilal a panicula r .grecmem " nOl one 10 which SCC1ioo 9 apphe~. the Commiss,on may cancei.tIe bloc l eXCmpllOn in r~'po.'C( of .hal ~sn:cmenl.

(4) A block nempl ion order may prov ,de th ... he ord!: r ,s.o Cea", to h,ve erfc('( a(( he cnll of a period sped fi<:d in l h~ block eumpti<m Qr<k:r.

&. IJlu rk t'~c ",ption I1rOn·dur • . - (J) Before mak ing" bloc k e~emplion t)fdcl.(IIeCommis.,jon mUM-

(.) publ,\.h de1ails of its prtIposW order in .weh a way J~ the Comm",,",, Ihinks n~ suit, ble f", bringing illo Ihe allcolion oflhOS(' hkdy .0 he affcetC'd: and

(h ) cuns ider any rc pre ... nlal ,"IIS abO,, ( i( which are m"d~ 10 .he Commi ... ,io"_

(2) A bloc l e.cmplion t)focr may provide for a blOC l cxempoi()l' to ha 'c cfkc' fro", a tille earlier tJllI n ,halon whICh lhe o«ler is ma..x-.

9. Th~ n ilcrilO for i"d i. -idnw l "lid block .. ~~mp. ;o"s.--( I ) The Commi,sion may grnn, individual Of block exemption ,n "'spect ohgrccnlCO' which ,ubSla"'i~lly cOlllr,bmcs 1<>---

(a) impruv, jlg pnxlUClloo' Of lli!<1ribu.ioll;

{b) promOl.,ng lCclmocai or C<:Qnom!c pmg' .". "hik a llow"'!: ~on'UI\'"'' f~ ,r !.h",~' o(.he .. ,SO il ing l>en"fil; or

(c I (lie ~"ctill> of Ihal clearly ou ....... ,gh the ad, .. ,,~ df«1 of atbeocc or Ie. ...... " mg of compe.lllQn.

(2) T)\<l onus of cla iming an c ~cm[luon under Ib;s A« _<hall tic on 'M I',,<lcn, king .<ce king c,cmp<ion

652 THE GAZETIfi OF PAKISTAN. EXTRA .. OCTOBER 13. 2OLO WAllY L

10. O.«plh·, markt ting prank~-{l) No uno:lenakmg ~lIan enter into dcccpt iv~ marketing praclice~.

(2) The deceptive n'iIlkelin! pr;u;l~ ~all bC' deemed 10 llave bttn resorted to or continued of an Unokrukin! ~ 1<>--

la) lhe distribution of filii<: or misleadi ng infonnation Wt is CJpablc of hanning the busille&S inlerests of another undertaking;

(b) the distritllnlon offalsc or mislc:\ding inf!lml.1tion to consumers.. including the diStribution of in formation locking a reasonable basis. rclnlC<J ta the price. character. method or place of production. propcn ies. SlIitability for usc. or quality of good.l ;

(c) fal~ or misleading compari..,.. of g<JO<ls in the proctU of .dverti.<ing; ~

(d) fraudulent use of.not he!,! tradellUlrk. finn name. or product 1abC'lut\: or pack.,in,.

II. '\ppruval or mcrlttMi.-{ I) No undertaking . IW I enter IntO 3 merger which sumtamiall y lcmns compelUioo by creating or strengthe ning a dom,nam pos ition in the relevant murkct.

(2) NOlwith!L3ndin g the provis ion, cantained in th e ACt whe re . n undertaking. intcnd'! to acqu ire the shares or assets of anolh .. undeTl3k ing. or twO or more undertakings intend to merge the whole or part of the ir bus inesses .• 1"d meet the p"'-merger nOl ificatkm thresholds Io! ipul.ted in regulat iOll s prescribed by the Commission, slIC h un<Je rtaking or uno:leru kings shall apply for clnr~nte from the Commissioo of the intended merger.

(3) The roncemcd undcrt~kings w ll sublll it a pre-merger apphcatlOllto tile Commi .. ion '"" ~ IS thocy ~ in principle or sign a non-binding kuer of in,cot 10 proceed ,,·jth tile mellcr.

(4) Application referred In in s.ub-sectioo (3) shall be jn the fonn .nd xcompanied by a proccsJi ng fee as may be pre~ribe<l by the Commission. The collttn1ed undenak ;ngs sh~ll nOl prokl'ed with lhe imended merger ~ nlill hey hHc rccci , 'ed t l~","nce from ,he Co mmiss ion .

(S) The Cammi~siol\ sh~ll by way of an order refe rred \0 in section 31. dec ide on whether the intcndc<J merger mee" the thresholds and the pre~ump1ioo of dominance a. detc,mined in SC<:lion ), Such order shall bC' made within Ihin y days of "",e ipe of the applic~l ion.

PAIIT [J TilE GAZbTTE OF PAK[STAN. EXTRA_. cx:rOBER [3.20[0 653

(61 If so dclcrmincd. che Commission shalJ initialc a second ph.a.<c ",,·;"w and (Of Ihat pur'JlMe 1M Commission may .equi", 1M concerned uJldenaking' 10

provi,Je ,uch informalion a., il ~onsiders nc:c~s. ... ry 10 enable Chi) Cl)tllmi .. "on 10

make the rIC~C~ry delerminalio n,

(7) rai l ur~ 10 make a <kt~rmin3l;l) n wilhin lhe pre",ril)ed period of Ihiny days for the fi rst ph3'ie review shall mea" thallhc Commissie>n has 1\1) objeclie>n 10 '

the imended I1M:rger.

(8) On inil i.1Uioo of [he ~ond pN!Ie review the Commission shlill. wilhin nl»C1~ cb~~ of recei pt of the i'equel;1Cd informaCion under sub-$eClion (6). ""view the merger II) a.,-"" .. whether it subM3mialJy Ie....,,,s compc tiul)n b~ "",aling or 51fCnglhening I dominant positie>n in lhe relevam m,rket. and sna ll si....:: it~ dec i,ion e>n the p~d Ir.m.aclion, In Clse cl)lIee'Md undenal<ing~ r. il II) provide th~ illforrt' al ;011 reque'ted. the Commiu il)n may re~ct the appl i,ation.

(9) Fai lure I{) render a de<:ision within ninety day. shall be <:\c(:mN W

mean tlLat [he Cl)nnn is.~ion has nQ objection [0 !he (n!ended merger.

(10) If after !be second pha:;e review the CQmm(Mion determines I .... l!he: imended merger s.'b:sIan[i.:IlI~ les~ns competll ion by creat ing or $I",nglbenlllg a dominant posiuon, il may nonelheless approve the In'lIIsaclioll. if it is ~ho"·,,lhal-

(4) it comribute< <ubslant in lly to the cfficiency of tbe prod uclion or d,wihuc ion of good< or CO the provision of services;

(b) such effic iency could not reasonably ha,'c bee" acilie,'ed by a Ie", re$lricli~c means of CQIllpel(tion.

(e) lhe bl'nefil5 Qf such efficiency clearly outweigh lhe ad,,<,~ "ffeet of lhe al::lse~ ()I" le<Sefling of compelil""'; ()I"

(d) il is !he least ami-.compctitive option for the hiling unden aking"s :tSSI'to;.

when OOC of 1M u~dertakings is f","~d wilh actual or immi nent financial fai l",~:

Provided tlw the burden of prouf shall lie ", ilh the undertaking Sttklug lhcapprov~l.

(11) In e~sc the ('omml!'$ion det~rm i"""Jh.:1l the lnln'<3(1I011 under rcvjc,,' doe, 1 1l~ 'll'~ hfy the e.ileria sp..'Clfoed in suil-!CCtion ( 10). the CQtn'lIi'siv" may;

( ~J prohib il the con.< umU1M ion I)f the ll';[n,ac'tiOll :

6S4 T ilE GAZe-fiE OF PA KISTA N, EXTRA .. OCTOBER 13. WI(} lP"'<T I

(b) approve "ueh trarl$ac tiun subject to the cOl1 ditions laid by the Commls-,ion in it~ order;

(c) "1'P'o'-';: "",h tunsaction on It.. condition Ihallhe SOl id undertaktng.:. enter inl<) legally e nforceable . gr«ments ~pcctned by (t.. COtnn" ,~ion in it~ order.

(12) WOCn: ;\II utldetUtking hasconsummatcd the merger wilhout complying witlltt.. pro"isioo~ of sub-=tion (I) 10 sub-~tion (4). the Commission "h~11. after giving (he undena king an opponunity ofheing heart!. mak~ appro priate onlers "ndcr """tion J I .

(13) Where (he Commission has granted approva l ~ubjcct to cond,uons. tile Con' m.ssion may. within on<: yc~r. review the order of arr[(l\'al of merger On tts uwn or 00 the applie . tion of (he llndenok ings wnce rned On the ground th~ t it is "'ti~r ICd Ihat the circuonstanc~s of (he rcJc"'''t( market or tile undertaking, Ii.,,· ,., changed as to wamOl n:vicw 0( lhe wnditions imposed_

(14) If the Commission dc:tennincs Iha! Ihe appro val was based on fal"" or m Isteading informa tion submitted by the undertaking. or the conditioos prcs<:nbcd ill Ihe relevanl mdcr of tOO Commi!Sion have !lOt been fuUy complied wilb. the Cootmiss"," may .flc • • ffording the unda1~~,"gsconcernl:d ~n opponURII) o(being heanl _

(a) undo suc h mergN or ac quisilion; Of

(b) prek ribc modifICations or additions in Ille origmal order.

CHAPTER !lI

CO~-II' ~;TITION COMMISSION O F PAK ISTAN

I 2. E"~bJishment or Com m .... io-n.--{l) There i~ I\<:rcby eSlabli~1 .1 Comllli,sion to be ca lled the Compet it ion Commiss ion of Pakistan .

(2) The Commission "h~1I be a body corpome ... ith pcrpclu31 succeuior, and common !;(;al. and may S\lCand be sued in il$ own namcand. subject !Oand (or t~ purpose of thi . Act. may enter im" contl1lCIS and may acquire. purchase. lake . hold and enjoy moveable and imlllc>vab le propcny of every d,'scriptiOiI and may convey. assign. surrender. yield up. charge. mortgage. ~m;se. rcassign. Imnsfer or otherw,se dispo:leof or Ileal wilb any ,noveab\eor immovabk propeny or any ,nterest

,,,~cd on il. upon such term~ as i, ,je","" lit

PART II THE GAZETTE OF PAKISTA N. EXTRA., OCTOBER 13, 1010 655

(1) ~ Olfllmi",;on shall be adminis.tnuivcly and fu"ct ionally independent . and the Federa l Govemn",m shall use its be,t efforts to promote. enhance and mai nta in the independence of the Commission.

13. Head Offke.-The head offi"" of the Commission shaU be in [,I"m"bu(! ,orKi the Comm i&,i()ll may e'lah li,h and close down office:< at such Olher pial'" in Pakistan a, it considers necessary.

14. Comp"-'ilion of Commissiou.-( I ) The Commission 'hall consist of not less than fi,'c and not more than seven members:

Provided that the Federal G.overnment may increase or de<;'t'ase the number of Memhe,-". from time to time. as it may consiocr appropriate.

(2) The Member, <hall Jx> Jppoimcd by th~ Federal GovcmmCtlt and from amongst the Members of the Commission. tile Federal Govcrnm~m shall appoint the Chairman

(3) All the Mem bers of the CO.mmi"ion shall serve on a ful1-tim~ hasis.

(4) Not more than two Member:s of the Commission shal1 be employccs Mthe Federal Government

(5) No person &hall be recommended for appointment as a Member lLnkss tha t pe=n is known for hi' integrity, expeni.~. eminence and experience for not I cs~ than ten year, in any ", levant field including industry. commerce, economic,. finatKe, law. accountancy or publk administrat ion:

Provided that the Federal Government may prescribe qualifi~3tion. a nd exper ience and mode of appointment of such Members in .uch manner as i( may prcS<'rihe.

(6) No pen<on shall be appointed or continued as a Member if h. -

(a) ha, been convicted of an offence involving moral turpitude :

(1)) ha, been or i, adjudged insolvent;

(c) is incapable of dio.charging his dutie, by reason of physical. psychological or mental unfitness and has been so declared by a registered medical practitioner appointed by the Federal Government ;

(d) absents himself from three con,;ecutive< meeting< of the Comm i.,ion Wilho\'t oblJining \ca\'e of the Commi~ion:

656 THE GAZEllE OF PA KISTAN, eXTRA" OC fOBER 13,2010 II'''KI I

{t J fai ls to di.close Jny conflict of interest 31 or within the time provIded

for such disclosure under Ihis Act or C'OI'lIr.Iveoes any of ~ provisions oftlli. Act pertaining 10 unaulhorizrd disclosure of information; or

(0 deemed incapable of carrying ou1 his respon~ibili1ics for any other reaSOIl.

(7) No an or proccOOing of the Com llli $~ion shall be invalid by l1! a'lOn of absence of a member or ~~islcnce of aoy va<:aney among il·' melll~rs or dcf~cl in the con.titulion thereof,

(S) No l\-1e mher or office r of the Comm i$sion shall aSSUme his office unll l he h~s 1l" .. 1e such declarlllion am,m;ng i\eC1«)' and fide lity.

IS. Th. a.ajrm~n,--< I ) The Ch~irman shall be the chid c~eeutjve of the Comllli~ion and shall. together with tbe other McmbeIs. be responsible fOf die admin;"lration of the affairs of the Commiuion.

(2) T he Chairman may $ubj«t 10 such conditi<)flS as he may deem fit , from ti me to time delegale all or any of his I"'w= and ftUlctlons 10 any of the

Mcmbcr~.

16. The Act ing Ch Birm,," ._At a ny time whtn the po~ition of the.

Chairman i. v""am. or Ihe Chairm ~ n i~ un~hl e to perform hi' function.~ dU(: to ~"y tauS<', the r:~de",1 Govcrnm~n! !h~1 1 appoin t Ihe moot S<'nior Me mber of the Commi"ion to be the Act;n!: Chairman of the Commission umil the .ppoimmcm of a Chalfm31l on regular wis.

11. T~nn of om"",--< I)TlIe Cbairman and Members of the CommisslO11 l lIall be appointed for a t~nns of three years on well salal)'. terms and condl~ions of s.ervice as tOC Federal Goveml1lCnt may by rules prescribe:

Provided lha! tile Chairman and Mcmocrs shall beeligihlc forre-llppointmt:nt for such term Or term. but .hall ceas.e to hold off >Ce on atlainins the agcor '; ~I y-fi~

yean; or the ~xr ; I)' of th~ l.'rm whielle,'cr is ear lier,

T g, Rest riction Oil c ttlp IQy m"n t of th~ Chai rman a nd o lh er Mcm t)('n; In Ct rl,, ;n ,,~se:s.-11K- Chairman and Qlb<;r Membe.-. shall tlOt. for ~ period of on~ ycar from lbe dat~ on " hieh they CC"'" 10 hold office. au~pI any e mployment i~ , {)( conncrtcd with tlte ma""gClllCnt or admlniw;!tioo of. any undntaki ng wilh has been a I"'ny to any ill\~lgaLion before the Comm~~ion under tbis Act.

PAI<J II THE GAZEJ'1e Of 1't\KISTAN, EXllIA. OCTOBER I), 2010 657

19. Termination of M)lpointm('nt of Mcmheu.--{ I) Suhject \0 ~U~·

k'C tion (2). the arpointm~nl of any Mem ber or the Cha irman m:ly. M any lime. 1>1: ' rcvob'" and he ma y be r~mo"ed from bis offICe by order oflhr f edeml Govcmmcm if It ;,; found thai such pcllloOn has become disqlUlified under sub-section (6) of 'oCClioo 14.

(2) Un I"" a di .<q uallfica tion rcferr~d \0 in ""clion (I) arises fro m (h~ judgment or order of II cou. \ or tribunal of comp"t~nt juri$tli<:l ion under any relevanl prOYI~lon of lpplicabJe law. II Member or the Cha;,,"an 'hall nOl be re mQ'-ed Q, hts app<limmcnl revoked withoul au enquiry hy ao ,mpartial pe •. ..on <>r body o f pcrrons constiWlcd in accQrd:lnec with such procedure u rna)' he prc<cribed by lulu made by the Federal Governme nt and ~uch .,Jic, . h,1i prov ;Ilc for, reasonable opportunity for the Mcrn bcr w the Cha irman to ~ hcart1 In defence.

OJ ,\ Mcmber ()f the Chairman may resign his o m ce at any time by !lOt ice In wrl1'"& addre,,~d to the f ederal GQ~ernmcm.

(4 I ,\ o.canq in the Commis,ion call~d by the dellb. r~",gnalion Qr re moval of Iny Member or tht Chirman ~hall be filled by the Federal GO"emment ,,"b,n thiny day$ Qf the occurn-nce of such v:K:ancy

20. Conl mi .. ioll FlI ll d.-{ I) There Sha!l be establi shed a fund ((} bo.= ,!l ()w n os til e 'CCI' Fund ' whic h 'hall "C,I il1 the Commission and ,hall be lit il ;zed hy the CQm mis<;On to '"<:I:t chargeS In conncc(i/m w;tit Ihe funClioning of the Commission lOciudiog paymemof !j./Ila"cs and other remuoer3tion tQ the Ch~trman. Mel1l~rs. office rs. Qffieials. e~pens. adv i'lC'rs. Ind consultam~ of Ihe C"om"';$,;on.

(2) ThcFlIndshaIICOIl>lMof.

( 3) allocations or 1!: ..... nLS by the f-edcr;l l Government:

(c) cQntrilxlli""" from local and fordsn dot>orl; or ageocic~ with tbe all)f()"al of the Feder.1 OU'"o,,,,,,nl;

(d) n:tums on inveStn""n" and inc.:OI1IC (rom assct~ of the CQmlOission; and

(e) all ocher sums which may in any mamICr hew"",, payahle to or "c,ted In the Commission.

13. 2010 I

(I, a ptl..:..'m.lg,' of the feesand CMlJes levin! by oWr regublory agencies '" Pak ,"'~n ... plcscflbed by lhe r-e<kral GOVeT1l1n~nl m C(>IIsuJtalion wilh li>c Commission ~r><J Ihe """,.ntage so prescribed shaH 0011'1'

v~ri ed 10 lhe di",dv~n l ~gc of the Commi,_,io",

(3) The Comm Is<ion .holl m~kc regu lat ions ror incurring e~pcnd i lUre.

3S wen u inve.tnlcnls from Ihe Fund.

(4) The Commis.,;on mJy ~n and maintaill aexounc, at such schcdulffi banks n ir may frum rimc to lime determine. T~c Commi5~;on may with Ihe approval or Ihe f edenl Go'·ernmenr. oPC" and mainta in foreign cmrcncy 3cco"nI5.

21. Aec{Junt. and alld ih .-(1) Tit. Comm i , ~io " ~h3n C3l1,e proper a'COlllll' to be kept and ,hall .s .0o" 3~ pran icab lc aflel Ihe end of e.c lt r.,,~ncl~1 yeAr eau!<: !O be prepared for Ihal l"in .nci . 1 year a stareme,'t of "'"COUllt' (>fthcCommiuion "'hich sha ll indudea balance sheet and an account of income and expenditure.

(2) Wnhin 'lxl)" days after ll1e end of nch l"inancial year, Ihe annual financial 51atement~ of lhe Commission shall be alHl iled by the Auditor-General of Pakisran or by a firm of chanel"{:d a,counta nts nomin ~tcd by rhe A~ditor­

G e ner~! of 1'~~iSlan,

(3) Tflc auditor<; 'hall m.Ke ~ n.'porl to Ihe commi .. ion upon Ihe Itala'lCe sheel and a<X'ou"t~ and in $uch repon they shal l stale whelher in their opInion Ihe balance shcel is a full and fall balanee sheel containing. all ncccs.ary plI!l;ellla~ and ]»opcrly dnwn up 50 as 10 nlubil a Itue and correct view of Ihe affJirs of the Commission and_ in ca~ they ha~e callffi for any c~planallon or IIlforlll31ion from the Commission, ... hether il has been given and wherher i' is sali~fac\Ory.

22. Annu,,1 ~p,-,rr"--< I ) Wi lh in ninclY days froon Ihe end of each fiT,""cial year, Ihe Commi.s;on shall CAlI!C a reporl 10 be prepared on the acl i v il ie.~ of tlw Comm i""ion (incl uding inveSligahon •. ad"ocacy aCI;viliu, enq .. iries and merger revie ... s made by the Commission) during that financial year.

(2) The Commission Shall. wnhm Doe hundred and ""emy days of the ~nd of each financial yea r send a copy of rhe annual report of ll1e Comm,s,ion undtr sub-sect ion (I) together with a eopy of the SlatemeOt of !lCeoums of Ihe CommisSion ce rti fi ed by the audilor~ and a copy of the auditors" repon t" thc f ed"r. 1 Govern ment which sha ll C4\1!;e Ihem to be published in the official G",cnc and la id Itcfore bolh Hou$e$ of the Maj lis-e-Shoora (Pa ri iament) wlI l, in t "'"0 mont hs of Iheir reee ipl.

r~1IT II THE GAZETfE OF PAKISTAN, EXTRA.. OC'TOBER 1.1,1010 659

23, Appointments b}' Commissioll .-(I) The Commission may appoint such officers, officia ls, expert>, advise,s, and consultants as if considers necc<sary to ca rry out ,<u~h functions a, may be prescribed by floc Comm;,,;on with suc h power" and o n such terms and ~ondil i ons JS if may dCICrlHin~ from time to li me

(2) The Comm iss io n rna)" by nOlirttation in the official Gazelle. make reg ulat ions in respe cl of (h~ term, "nd condilions of service of ilS employees

24_ Meet ings of CommL"'on._(lj S ubject to this scct;o .! . (he Chairman may convene .uch medings of the Comm's,ion a\ slreh timcs and p lac6 as he considers nt' ces,,"ry for lhe efficient perfonnancc of lhe funclions of lhe Commission ,

(2) The Cha irman sha II preside at every mec!ing of the C [)mm issi[)n, and in the abse nce of Chairman, the Members· may elect a Memher to r'c si ~c

al lhe meeli ng,

(3) AI any meeting of the Commi"ion lhe quorum shall be thrc~ M~mbers

(4) All quc , tions ari,ing at allY meet ing of lhe Comn, ission sha ll be ttCl~rm;t\cd by a t1l~jurily of "o!e, ofth<'- Members preseot a~d vot ing.

(5) in Ihc event of an eq ual ity of VOle!' . the Chairman ,hall have a ca.<llng ''OlC _

(6) S ubjc<'l [0 lhe pro"i.ion! of lhis Act, lh~ Chairman may gh'e directions regard ing the proc~dure 10 he followed a( or in conneclion Wilh any mecllllg of Inc CommlSsion_

25. Oisdo",rc of i "t~r~'{ b)' ~ Icrrrb'·rs.-(l ) For lhe rt!cposc of Ihis and the nat following ,cetio,,_ a IIe'so n shal l lx- deemed to have an inlereSt in ~ matler if he has any ime reSl. p,:c.", iary Or otherwise, in such mallcr which co uld reasonably be re garded", givi ng rise to" confl ict belween hi ~ d,,( y to

honest ly perform hi, function , utrder Illi, Ac\ and such inleresl . so (ha! h i, .1b,li\y to consider and dec id~ .1 n, qu est ion impa rtially, or 10 give any ad_icc wilho ut b ias. may reasonably Ih: regMded as impaired

(2) A Mcmher ha\ ing any ill!trcst ill any matte r to be disc,,-,sed or dec idcd b)' the Commis" ion 'ha II, pdo r t" an, discussion of lhe mauer. d i,dose trt wr i(mg. to the Commis~ion, \h~ f~n "f toi , inl ~re,'t and fhe rtatw-., theel'of.

660 TIlE GlV.Ern' 01' PAKISTAN. EXTRA .. 0CT08EK 13.1010 (PART [

(J) A ,1", I",me of iMte rC~l unde r $ub·,cction (2) s h~ II t-e re<'ordcd in the n\l l tute~ of Ihe Commi:s.'ion. prior (0 any disc ussion of. or dc~biun on. Ille mIller and. after the disclmurt . tM, Mtmber:-

(a) $haU nOl. "''''' in the ca >es provided in , ub-secl;o..,S (4) 10 (6). lake pan "or be pr"",,"! in an)' d<' l ibcr ~tion or de<' ,SI<)1\ of the COlllm isslon.

'"' (b) ~h.lll be di=g3rded for the pu~ of conSliMIOfl of J. quorum of the

Commission.

(4) Jf a Memu.:r is nOi the Chairman and !he Ch3irnilin bt..:OlTIe-~ awarc that a fo.kmber h~s 8 conflir:l of int.erc5t.!OC ('lI~I'man !>h~Il:-

(a) if the Cha irm"" considers tilat the Memher sh(>Uld nOl take pan. or COnllnue to I~kc JXI". as the usc may requi re. in detenninin g tl\<: maILU. diroxl (fie Member ;>I:wrdillgly. or

(b) in any OIhcr c3,",. cause l~ Member's mtc~ 1(1 be dlsclO5C(1 to toc person~ concerned in the mailer illd uding any ~rwll whose appli(al00n is pend ing deci~j()n or Jodjudkation by lh~ Commis-<ion. the Member in respect of .... hom ~ direction has Ilccn given lIndcr cia",;" (a) r.hal1 comply with the dircr;lIon.

(5) [fthe Member is lh ~ Chamnan, he Sha ll di ,d()~ his intcr(st (0 the P<'rwn, cOllccrncd in the mall,'r including any [X'TSon whose applic~tion is pending decision or adjudicat iOn by tI\cCommi.<.ion.

(6) Subjec t 10 sub-SCCMn (4 f. llle Chtrm~n or the Mem ber who has any IItt~rest in any mallcr re fetred (0 in lhi . sect ion shall nOI lake p~rt. Or COntutuC to lake 1>-'11,"" the case m~y rtq ~ir~, in dctnmini ng the rnMt Cr unlc"'~ cvt ryonc conccme<l in it consentS!O the Chairman Or. as the Ca!;C rna)' b(,. the mcmber so t3kirtg pan.

26. Nutl l1calion uf int crcs t by s taff ur Comm[ssin n. --(l l Whc,,' ~ perl'Dn .... 00.. in lhl.: course of-

(a) performing a function, or c:<creising 3 ~r. IS an offICer of the. Comllli.sioll.

(b) performing functions or service as ao tmpl(lyce. Of

(c) pcrf()(ming a fUOClion Of ;e1V"\'s in any co.p.lCity by way to aAAiSlir\g or advising the C(ltn mis~ion . or an y officer of the Commissi()rl. i,

PMtr !] THE GAZETTE OF PA KISTAN, EXTRA., OCTOBER 13, WIO 661

require<l toconsider a mailer in which he ha. an interest, such person >hall forthwith give to the Commission a written notice stating Ihat he is requ ired to consider the -mailer and has an imerest in it and seui ng out particujars of the interest.

(2) T he person referred to in .ub·SC<:tion (I ) shall al50 declare his interesl In =rdaoce with the said ,ul>-section whenever it is nece.s.<;ary {o avoid the conflict of in{ere.t.

21, Officers and e mploye es, etc. , t o h e puhlic sc r vonts.-The Chlo imlan, Me mlx:r~, c mployC"', c~pe!lS, coru;u ltants and adv iscrs of the C Omm i IS ion auillorized to perform any function or exercise allY power under this Act shal l he de<'me d 10 he public servantS wilhin the meaning of sec{ion 21 of Ihe Pakistan Penal Co.k 1860 (Acl XLV of 1860),

CHAPTER- IV

FUNCTIONS AND POWERS OF TilE COMMISSION

28_ Functions ond powers of the Commission .-{l) The functions and powers of tile CommissiOn shall be-

(a) to inilial, proccedinp in accordance with the procedu,-"" of lhis Act and mak~ orders in cases of contravention of lhe provisions of the Act;

(b) to cond uct sludi~, for promoting compelilion III all seclO" of commercial economic activily;

(c) to cunduct enquiries into thoc affairs of any undertaking as may be necessary for th~ purposes of this Act;

(d) to gi,'e advice to undertakings asking for the same as to whether any action proposed tb be IJkcn by such undertakings;s consistent with the pro" isions of (h is ACI, rul~s Of orders made thereunder:

(e) to engage in cum pel it ion adv(X'acy: and

(f) {o take all "ther actions as may be necessary fur carI)'i ng out the ru'1"'<e' of lhi. Act.

(2) The Commission may, subj.ect \0 ,<'ch condiliuns as it may lhink fil to ImpaM' , de legate all or any of its fun<:lion, an<l powers to any of ilS Members or

office,.,; as i{ decm~ fit

662 THE GAZE1TE OF PAKISTAN, EXTRA, OCTOBER 13. 2010 rp~RT I

2(}, ( 'omJ>Clition ad vocacy.-'The Commission >\hall promote competition through advocacy whkh. among others. shall ioclude-

(~) creating awareneSS and impaning training about competition issue, and taking such other rlCtions as may be nece,,,,ry for the promotion of a competition c ultu",:

(b) ",viewing policy f"mewo rh for fo~tering competition and m"king suitable recommendations for al)lendmen(s to this Act and any ocher laws that affect co mpetition in Pakistan to the Federal Govenllne~ t

and Pmviru:ial Governments:

(c) hold ing open hear ings on any maner affecti ng the slate of competition in Pakistan or affecting the country's commercial attiv lties and expressing publ icly an opinion Wilh respect to the i"u{,; and

(dJ poMi ng o~ its website all dttisions made. in~ lL iries under review and completed. merger guidel ines. educational ma leri.1 and the like .

30 Proceedings in c ~ s es o f co nt r a >'cntioll .-( II Where the Co",,,,"ssion is satisfied that t h ~re has b<.'C1I Or is I ikcly (0 b<;,. a w fltr:, I'emion of an y

provision of Chap!cr II. it may make one-or more of such o rders 'Jl<!CJfi~d in ""ction ) I as it may deem appropriate . The Commission may also im pose a penalty at rJl~-<

p",,,,ribed in section 38. in all cases of ton tra"cmion of the provisions of Chapter II.

(2) Before making an order under sub-section (l), tile Commission shal l_

(a) g ive notice of it, intention to ma ke ~uch order stating the reason, therefore (0 such umlenaking a, may appear(O it to be in contravcntion: and

(b) g ive t~ undertaking an oppo"unity of being heard 00 such date as may be _,!",cified in the notice and of p lacing before the Commis Sion fact' and matcrial in support of it, content ion:

Provided that in case the undc"a~i ng does not avail the opponunity of be ing heard. the Commission may decide the case ex p"r/~.

0) The Commission sha ll publish ibOrders in the official Gazette, fortlle infor mation of the public ,

(4) An order made under sub ·SC\:tio~ (l) shall have efft:et notwith£tand ing anylhing 10 the co ntrary contained in any other law forth" time l>cing in forc,' or in any contract or memorand um or anicks of association.

PARI II THE GAZETTE OF PAKISTAN. EXTRA. OCTOBER 1.'1,2010 663

(~) Any order iss.ued under 1his section shallfndude lhe reason.' on which the order is ba,cd

of-31 . Orders of the C ommission.---< I) The Commission m~y in the case

(a) an abu,e of dominanl posilion. require the underta\::ing concerned to take such actions specified in the order a, may be ne","ssary to r~store

competition and not to repeat Ihe prohibitions specified in Chapter II or to engage in any other practice with similar eft""t: and

(b) po"Qh ibiled agreements. annul the ag/ttment or require !he undertaking concerned (Q amend the agreement or related practice and oot to repeat the prohibitions specified in seclion 4 or (Q enter into any other agreement or engage in any ottlcr practice with a similar obj«t or effect; Or

(c) a decepli,'e marketing practice, requ ir~-

(i) the undertaking concerned to take such actiQns specified in th~ order as may be nece,sary 10 reStore the prev ious markct conditions and oot to repeat the prohibi!lom specified io section 10:0.-

(ii) confiscalion, forfeimre or destruction of any goods having hazardous or harmfu l effC<:l.

(d) A merger. in addition to the provisions contained in section I!-

(i) authorize the merger. possibly selling fonh the conditions to which lhe acqui,ition is sub~t. as prescribed in regulations;

( ii) decide that it has doubts as to the compatibil ity of the mergcr w ith Chapter II. thereby opening a second phase rev iew; or

(iii) urKlo or prohibit the merger, but only ... , aconclusion of the second phase review.

32. Power to issu e inte rim orders.---<I ) Where. during the COurse of any proceeding under section 30, the Commission i, of opinion that the issue of a final order in the proc~ings is li kely to take time and that. in thc situation that cxi,ts or is l iKel y to emerge. serious Or irrcparllbl~ damage may occur and an interim Order i. necessary in tr" pllblic interest. it may. after giving the undertaking conc~med all opportunity of being heard. by order. direct ,och undenaking to do or refrain from doing or cominuing to do any act or thing specified in the order.

664 THE GAZElTE Of PAKISTAN. EXlltA., OCTOBER 13.2010 [PAN' I

(2) All order made Ululer Wb-secliOll ( 1) may. al any lime, be reviewed. modified Ofnllce lle\! by lheCommission Jnd. unless so canre lled. shall remain in fo= for such period AS may be sjlC<'iricd therein but not bcyOlld I"'" d~ le of the final order made unde r ~tion 3 1.

33. Powers 0' Ih t Co,;,"'is.. .. io n in r ela tion to • procttdiD Il or enquiry.---(I) The Commi$Sion shall. for tbe purpose of a proceeding or enqu iry

un<kr [hi.. Act. havt t"'" s;l.rne 1'Ov.-e11; as are vested in a ci~il coun uode. I"'" Code 'if Civil ?roccdun ·. 1903 (Act V of 11lO8). while trying a suit. in re'.pn: t of tl"" fullowing matters. n~mely:

(I) summoning and enforring lh¢ . uendance of :my "';tnes., and tuminins himono.ath;

(b) di'lC()very .nd production of any document or other malerial object

produ<:ible as ev idence ;

(e) 3ccepl ev idence " n affid",its:

(d ) requisitioning of any publ ic reconl from any coon or oWee: and

(e) I$Sumg of . CQmmi •• ion fonlle euminal ;on orony ",it l!eM. document

or both.

(2) Any procc~-ding before the Commi$Sion &hall be ~med 10 be a judicial proceeding ",ithio lhe me:oning of sections 193 and 228 of the Pakisun Pl:nal code

(Act XLV of 1860). and the CommissiOil &hall be deemed to he elYil cowt for the putpOSl!S of section 1% and Cluple1" XXX V of the code of Criminal Procedu..,. 189g (Act V o f 1898).

() The Comm is5ion may. for the purpose of" proceeding or enquiry under this Act. r. quire any underul:ing:

(a) to produce before, aoo lo allo .... IO b<: eumined and kept by. an oif"1CCI" of lhe Comm,s5ion spccirocd in thi~ helulr. any books. accounts. or other document > in II>" CUSlOOy Of under Ihe control m tlle undertaking so rc'lu ired. ilei "8 doc urnent$ relating lO any ma ller the exa minat ion of "hiell may oc (JCcessary for the purposes of Ih is Act: Md

(I;, 10 fwni&h 10 an olfocer >0 5pecifll:d $uch illform:ollon in ilS ~sion • • dating 10 any ..".1I0::r as may be. necessary for the purpOSe of thi. Act .

I' ... IT 11 TI1EGAZElTE OF PAKISTAN. EXTRA .. OCTOBER 13. 2010 66~

34 I'ower 10 enlH Ind Sl'lrch prrmises.-{O Notwuhllanumf: an}thingcoot.3incd inanyothe. law forlhclimeb:ing in force. tho: Comm'~IOO. for rtasonable !troum" 10 be re.:orue-d in wriling shall ha~e the power to authorize any oft1cu to enter ~n,j search any fl'tmises for the purpose of cnforc"'g ~ ny provision of thi ~ Act.

(2) Forthe purpose of sub· section ( I). the Commission-

la) shall have full and free access to all)" premises. pl&(:e. accounts, doocuments or computer;

(b) m.y stamp. or make an u1tact or ropy of any accounts. iJ.ocumenls or computn -stored information 10 wh ieh access is obtained un<kr clause (~):

(c) m~y impound any accounts or ducumcrtl s arid relain them for •• klllg ~,m .• y he necessary for tile purpo~ of the Act;

(d) ntl) . ",he.., a hard copy or computer diM: of informatioo SIOred on a ("<~Ilpuler i~ not made ,vlil<tble. impound and retain the compulcr for h long as is necessary IOtOpy lhe tnformation requi"."d. and

(c) may make an invcmory of any ankle found in any pn:miscs or place 10 which acccss i, obtained ",,<.Ier cl~u"c (a)

(3) Any officer of the Commissioo ..... ho =h to exerd,;e the right to

enter and oearch. premises shall be required 10 provide e"idenre or hi$ ~L"hority to act on beh~lf of tbe Commi!oSio<>.

(4) The Commission nlay aulhori7.e t.ny Y31toer 10 enter any premt5eS or pia .... 10 inspecl such ~CCOUnt~ and doo:umenl~ a. may be nec("nllry 1U enable Ihe val...:r 10 make a valuation of an ~I for the purpose oflhisAcl.

(5) The ",,~upier of any prcmi!l<;S or place to which access i~ ",",ughl umkr sub· section (I ) shall provide all reasonabk f"cilitir,s and assistance to ensure the effective exen:isc of the right of acc~.<s.

(6) Any accountS- documen15 or OOtnpu~r impounded and reuilll."(\ undet 5ul>-secrioo (2) and (3) wll be signed for by the Commission 01'" an authorized officer

(1) An u1ldcrlaking \IIh~ accOIInu.. docu,""nl, or COIllpulW have been· impDImde<.l and rClai""d under sub-scclion (2) may exa mi"'! lhem and make an eXlracl ur CQPy from them during regular offi« hoo,.,. under such "Lpcrvi~iOl' as Ihc Commis.ion may determine .

666 TI-\E GAwnE OF PAKISTAN, EXTRA, OCTOBER 13. 2010 W\n I

Explanat"HI. _ In Ihis =t;on. the e Xpl'Cssion "Oc<:upier", in re la{ion ([) an y

premise~ or place . iuc h,dc' , the owner, manager or any OIher person found present on (he premi<,,, or place

35, For.;,ible cntry.---( I) In {he e vent {bal an undertaking refu&es without reasonable cause to allow lh~ Commi"ion ([) exercise the powers contained in '<Cc{ion :14. an inve<ligaling oflocer oflhe Commi!>Sion may by wrilten orde r. s ig ned by any two Memben; enter any place or bui lding by force, if neccssary.

(2) NOIwi{hstanding anything contained in sub-={ion ( 1). no investigating offtcer of the Comm iss ion shall enter any prem is,,. by {he use of force without , written order of Ihc Commission signed by lwo Members ,

(3) IL on enquiry conducted in accordance w ilh 11K: rule s It is foumithal {he exerc ise by an invesligal ing offtcer or his powcr under sub-section (2) w:os vexalious . exces,jve or with mi,l" fide inlcnt such .officer shall be dismissed from se rvice. and shall be guillY of an offe nce and shall be liable 00 cOT\\'i~1 ion 10 " fine whJ<:h may eXlCnd {o fi,'e hundred thou",,"nd rupee, or (o imprisonmcm for , term nGi c xc""ding one year, or both.

(4) Whenever a c riminal conn imposes" fine under sub-section 0 ) i{ sh"". when p"" ing j udgment, order that" sum equal {o the whole or any pan of {he

fine recovered, be pa id {O Ihe person On whose complaintlhc Invcstigaling o ffi<:cr was conv icted, Jnd in car.e {he line is not rccove",d {he Sum "'all be paid out o f { he Fund.

(5) Any sum paid under sUb·seclion (4) shall be wilhoul prej udicr to {he r ight of the aggrieved person 10 a" a i I all Y OIbe, remedies available 10 him unde r {he law but at tlte limc of aw,lrdillg compensation in any subsequent proceedings re laling {O the ""me matter the court shall lake inlo,account any sum recovered from {he con vict ond paid {O the aggrieved perwn.

36, I'owe r to call fo r in formati on r elat ing 10 u ndertaking,­Notwiths{anding anything contained in any OIher law {or the lime being in force. Ihe Co mmission may. by general or special order, call upon an unocnaking 10 fumish periodicall y Or as am! when required any informal ion con~cming lhe a~livilics of {he

undertaking, including informal ion rela{ing 10 ill; oo:ganiza{ioo, accounll;. bu,;ncss, trade praclices; m~"agcmc"t and connection wilh any OIher llodertakiog, which the Commiss ion may cot\sider t\<!t'cssa ry or use ful for lhe purposes of Ihis ACl-

37, Enqn iry :ond studics.-----{I) The Commi" ioo may, on its woo , and shall upon" referenc e' made to i{ by {he Federal Gowrnment,conduclenquirie. imo any maUer rele,'am to {he purpo"" of {his Act.

P,\kT II THE GAZETIE Or: PA KISTAN, EXTRA . OCTOBER 13, 2010 6(,7

(2) Where the Commission receives from an undcnilking or a rcgisletc<l a,,,,,, ialion of "on,um"fS " complainl in wriling of such facls ~, appear to('O[\SI ilule a conlravcnlioo oflhe provisions of Chapter II , il shall, unless il is of opi nioTi Ihat the applicati on i~ frivolous or vexat iou.' or based on insuffic ient facts, or i, nol sub~ta n liated by prima facie evid~nce, conduct an enquiry into the maner to which tnc complaint relate>,

(3) The Commission may oUisouree si udies by hiril,g consultants on '()nlr~cl.

(4) If upon the conclusion of an in'lui ry unller sub-seclion (I) Or ,ub­.",clion (2), Ihe Commission i, of opinion that lbe findings are such liIal il is neccssM)' in the plLblic interes1 SO !() do, it 'hall iniliate proceedings umkr section 30.

CHAPTER-V

I'ENAI,TIES ANI) AI' I'EALS

38, 1'~ " a Uy.---{ I) The Commi«ion may b)' [)rder di!ttl any unllef!a ki ng or any direno<. officer or employee of an tlndenaking. 10 pay by way of pcnnlt y ,uch , urn as may be 'pecified in Ihe order if, after giving Ihe undertaking concerned an orponunity of (leing heard. il delermines Ih.11 such underlaking :-

(a) has been fou nd eng~ged in any activity prohibiled un<lcr (h is ACl ;

(b) has f~iled to comply wilh an order oflhe Commission m,de under this Act

(c) h;lS failcJ 10 f>upply "copy u{the "greemem or any other documents and mfonnmion a. required under Ihi, An Or requisilioned by Ihe Commi",ion;

(d) has fumishcd any ini'(mna( ion or mad: an y >!ate"",nI !O the Cornmi.<s ion ,,·hich such u nd<·rt~'illg knows Or ha, ",aSon!O believe to be false or fo und by t h~ Cf'II IOH"ion 10 be in . ccurme: [)r

(e) knowing ly abuses, interfe<"C, wilh, imp<.'<lc", impe ril" or obWUCIS Ihe process Qflhc CQmmis~ioll in ,my manne' ,"

Provi<k<lI i1 at fai r l'orll mell!, made in 800<1 fa it h and in the public intere,l On the wor1ing 01 Cumm;'"ion or on "ny {lfd¢r of the C",nmi"ion issued ,,( t(( the wmpl~lion uf " n~ proce~d;ng5 . . ' hall nOi bI,' subject 10 (he imr<N!i"n of a penalt y

668 THE GAZEITE OF PAKISTAN. EXTRA .. OCTOBER I t 21)10 {P"", I

,(2J TheCommission may Impme penallies at thcfollowin~ m!eS. n:I,ncly:-

(II) [or. wnIIa""nlion of any ;wovisioo of Chaple, 11 of the ACI . :mamou", Il()( c~CCI.'tling suenly-lh't mIllion rupee< or M ~mOtlnl not exC«ding le n percent of Ihe ~,,"u:ol IUmover "f the' lL"derl~~ing. as may be decided ill the circ "nbl ~II CC' <lfthe' case b, Ih~ Commission: Or

(b) for l1QfI-<Compl;"nc<: of any order. ~...: or requisrlion of the Commission an amoom OOI . .:xrxcdin£ one millIon ruf'C"s. ,,-' may be decided In the circum.u.nces of lhe Cl~ by the Commi .. ion ; and

(e) for clause (e) in sub-5eCIion ( I ). all amotl/Illl()( e~cecdin!: one million rupees as may be decided in Ike cin:umsullCCS of llle use by th~ Commission.

(3) if the violation of th~ or<ler of II..: Commi"ion i. a continuing ooe. Ihe

CommiSS ion may alw direct the und~lUki'lll gui lty of such violation shall pay by way of penalty a further SUm which may ~xlend to OI>C mill ion tupt:tS for every day .ner the first suc h violalion .

(4) Any penally irnpo5Cd under th is Acl stu.1l be ICCO'-crable as provided i",,"cuon40.

(5) Notwith<tandin8 an)·rhing eonl~incd in Ihi. Act or any Dlher law [Of

the time being in force . f~ilure to comply willl an order of Ihe Commission <hall ",nstitute a criminal o ffence punishable with impr;"""",,,nt for a term wh ich may cxtend to one year (lr with fine wh ieh may CXlcndlO twenty five million rupees and the Commission may, in addition 10. or III lieu of. lhe penalties piescribed in Ihis Act ,,,;liMC proceeding' in 3 Coon of competent j"ri~icl ion.

39 I.tn lency.--(l) lllt Comm;"',ioll may. if il ;$ utisfted tll31 an)' un<ielU.klng whICh i. a fWty 10 ~ prohibited a~r«I ""nl and ;$ allt,ed to ha~ "iolatlxl Cn~plcr II prohibitions. has 'ma~ • full 3.1d true lli$CIDSU", in ",.'peet of the alleged "ioI3\ion, imjlQ~ on s,K;h und"",,~ing l ies$Cr penalty as il may ,Io.:.:m fit, than that provided in se<;r ion 38.

(2) Any exemplion from. penalty or impo,ition of a lesser j)!.:nally shall be made only in respe:ct of an uOOert:lting thaI is a parly 10 a prohibited agrttmenl whie'h first ma<k: the full and true disclosure under Ihis 9!Ction.

(3) The Commission may, if il " sall.rlC<.! that any ... ,u:leruking whICh Ilas ~n glluued !enie'nt tr.:almtRt u!\dcr ,uh-:.ec. i(lfl (I) faikd to comply with the condition5 on which ~ lesser penalty w~ s impo~d had .'IiYen false evidence. "'V()~C the I ~nl~ncy provision and imjlQs...- o n lhe unoknaki"~ th~ pena lt y providc<l u!ldcr "" '\."1 ion 3a. .

PAOIT II lHEGAlJ:TTE OF I'AKlSTAN, EXTRA., OCTOBER 13.2010 669

40. Reeonry of pcnalties.-( I) For (he recovery of any amoum from ao undertaking, the Commission may serve uron thcconcemed person Or the chie f execut ive or dircc!Or of the said undertaking. a copy of a nOlice in (he prescribed from requiring such pe"on to pay the ,aid amount with in thc (ime specified in (he nOtice,

(2) If (he anoount referred 10 in the notice under sub-seelion (I) i, nOl pa id wilhin the prescribed (ime, the Commission may proceed to r.cm'cr the ,aid amount from the person or undertaking in default in anyone or more ofthe following manners. ""mcly:-

(a) allachment of im movable or sale of any movable property, including bank aCCOunt of the person or undertaking:

(b) appointment of a r<'Cei,'cr for the management of the movable or immovable property of the per""n or undertaking;

(c) =overy of the amount a, aITCarS of land revenue (hrough (he District Revenue Officer:

(d) re<juirc any o[thc following. by notice in writ ing. (he person to deduct and pay the ,urn spccifi«l in the nOlice On or before such date as Illa.y be ""specified, namcly:-

(i) from whom any moncy is due Or may become due (0 (he u",Jcrtaking:

(ii) who hOlds. or controls the receipt or disposal of or may subsequcntly hold, or Nlntrol the receipt ordisposal of, any money belonging to the undenaking or on account of the undenaking: or

(iii) who is resporu;iblc for the payment of any Sum to the undenaking,

(3) Any bank. ",eei\'~r. DIStrict Revenue Omcn or undenaking woo has paid any sum in compliance with a notk.., undcr sub-",c[ion (2) Shall be deemed to

have paid such a sum to the Commission in respect of the undertaking. and the receipt of the Commission shall conS/itllte a good and sufflciem discharge of !he (jability of such ba"k, recei,'er. Disn"'t Revenue OffICer or undertaking to the extent of t h~ , urn ref~rrrJ to in such receipt.

I~) If .tllY bank. ",cei~cr. Dimict RCVCltu.' Offic~r Or undertaking On whom" notice I' "","cd. faib to al1aclt . ,,,,,~ive. "",.wn. J~d1JCt and pay. as the c','<e may be. the amount specifie,! III tit" ,aid nOlict'. ,,,,:h bank, receiver. Dimict

•

670

RennIE OfflCel ill undertaking shan be treated as a defaulter and the amount specified in lhe said lIIMice .hall be !eCOvtrable from him or il . u the case may be.

by Ihe Commission in accordaoc.: with the pru~isic)ns of this Act.

(1) The ComrnlS$ion may. by orda. direct' any t>.nk. =eiver, DWrict Rc"cnuc Omceror Underuking whieh is defauller 1.$ rcr~fTcd to in sub-section (4 l, 10 pay by way of pena lty, luch , urn as ~pecified in the ordcr. after giving 10 rhe balik, rc>cdver. OiSlficl Revenue Ofricl:r or undel'laking an opponunilY of being

heard. iI de~rmincs IMI such bank. =iver. d'llli¢'{ ~""nue offker or undertak.ing lias willfully f.iled to comply wilh t""«der of Itt.: Commiuion.

(6) For the pulJlO$eS of the recovery of the amount under wb-.seclion (2),

lhe Commission $hall haY<' 1M ... me powe", as a civil court h3S under the C<XIe of C;"II \>rott(lure 1908 (ACI vor 19(8).

(1) The Commission m.y m3U rules rcgulating the prot-edure for ,"" recovery uf amounts under this .secl ion and an~ Oilier mall~r$ CQnl>eCted " ' ith .,.­

incidentallG 11K: Gpc r~tioo Gf this SCC\lOO.

(8) All pcnllities and fines recovered under thi~ ACI shall ~ crediled 10

the Publ;,,; Account of IIIe FetJeralioo

4 1, Appeal to th~ Appella te Bench of the Commis..dnn.-{I )An ~ppc31

shall lie 10 an Appellate Bench of the CommiSSion in r .. spect of an order ,,\.Ide by any Mcm~r or aUlhoriU<l offICer of tile Com,nission. "The pcrson aggneved by such order may, within lhiny days of the ra" ing of the order submi t an appeal. to

the Appellate B<'nch of IIIe Commis..<iOll.

(2) TheCommissioo >hall cOIlStiMeApp"llate Senclle. comprisi ng nOi

less tha n two Members to hear appea ls lInder "ub'(leCtion ( I ).

(3) The decisions of the Appcllale Bench shall be INde Unanimously or by II majority of vOleS if the Appellat e Bench COmpl"ill<'s of more Ihan IwO membefli. IlIlhe ~venl o f the splil verdict the ~riginal order ~ ppcaled agai nst shall h{lld and

have effeCI as IIIe fin.al order of tbe Commi-siOll .

(4) No Men\1)(:r shall 1)(: included in ~n . \ppcll"'~ Be nch who ha,

parl ic ipa te<l or been involved in the deci.sion being DI'P"a lcd a~!Lil\<I.

(~) The fom. '" which an appeal i> '" h,: f,led and lhe fees to be p,"d tlw:refo,", and Ol her ",141(-<.1 m,UeB sha ll be prc,..;tihed by niles.

PART 11 THe GAZ.ETfE 01' PAKISTAN. EXTRA., OCTOBER 13.2010 671

42. Appelll \0 thf Courl.-Aoy persoo "ggrie"~d by ~n orde r of the Commission cornpri,ing two or mure Mem bers or of tho. Appell~tc Bcu.:h of the CommiSSIOn lTIlIy within shlY d.:Iys of the communication Qf the: order. prekr appeal tQ the: CQmlJotli lion Apprilate Tribunal.

4), Competilion Appel late. Tribunlll .--(I) As roo n u may be within Ihirty day~ of the CommCI1c<:rnenl of Ihi~ Af l. Ihe FederAl Go"ernmenl ~ltall constitute the Compelilion I\ ppell~tc Trlhuna l .... hich ~h~n consist or a Chai rl"'r$<)n .... ho shan be • p<"rsotI "'ho ha$ Ilftn a judge uf the s"p~mt Court or is ~ rl/ti...,d Chi~t Just ice ofa lIigh Couri and 1" ·0 lechnical memb<:rs "ho sha ll b<: p<"rsorlS of Mbilil)\ iuwiI!:r ily And haw sp«:ial k"",..ledge and profe.ssio" .1 up"ricncr of not less IhAn Ir " ytars in In l crnation~1 ln tdc, cconomiCl.la .... , finHnce Knd Mccount;ln,·y.

(2) T"~ Chairperson and m.'mbers shall hold om ce for a period of thre.: )' .... rs ... "d shall be ellgihle for reappoiutll'M'nt for .. sln' ila r term and shall ""ase 10 hold offiCf on a llaining tht age of sixty·eight yurs ur Ihe ex piry of Ihc lerm "'hlehc",, . is earli er.

(3) Tho Chairl"'rstlu un d Ihe memt...,. shall be entitled to such salary ami olhu lenm .00 condili""" of ser~ice as the fedel'1ll Go,wnmell! ma)' by ruk's prescribe.

(4) The Compelltion Afll'ell~tc Tribuual may, In ClIusu llation .... ilh tlte Fe<io n .1 Govcrnmeul. make rul<!S ~..,.·trning proced ll re In proxecdings before Ihe Tribunlli.

(S) Tht' Cumpelilion Apprll81c Tribunal ~hall decide an apltel ' uJl('dilio,, ~ly wilhin si~ mouths of its pte.wnlalion 10 Ihe Tribu nal .

44. Ap~alto Suprcn' c Court.-Auy person IIggrlc'·ed by an order ur the ComllCti liun Appell~t~ Tribunal ma y p...,f .. an appelll to Suprcme C{HJrl ,,·ilhln "lxly da)s.

CHAPTER VI

CIlN£KAi.

4S. Commun Seal.- (l) The Com,niS$iOll shall have D common seal which shall be kept in tbecustody of the Chairman orsuch other person as may be authQri~ by the Chairman by regu lations made by tile Comn1t~sion.

(2) Document; required Or permitted to be eucmed "nder the "".1 sh~U he spec,rltd and .ulhcntica!ed on $ItCh mallner as shall be authori~.ed by rogulatiOllS.

672 THE GAZETTE OF

46. Senice of nolic~" and olhc~ docnmenls.-For the purpo"" of

, this Act any notice, ",,!ui.,ilion, letter ororder required to be serve<! on an undertaking ,hall be trcated as properly ",rved on the undertaking. if . ueh ser\l;ce is made in the manner prescribed for the service of a summOnS under the Code of Civil Procedure . 1908 (V of 19(8) or as may he p",,,,,rihed by the Commission.

47 Com pcnsalion.-{J) No undenaking shall be entitled to or he pnid ~ny compensation or damages by the Commission for any loss or injut)' suffered on account of the tennination of any agreement Or employment or the divestment of any Share or property or any other action taken in pursuance of any order made under this Act

(2) Nothing in sub·",etion ( 1) shall prevent "n undertaking from recovering cOmpensation or da mages from any other party for any loss or injut)' suffered on account of the terminat",n of any agreement Of employment or the divestmem of "ny share or property or any other action "'len in pursuance of atty order made u"d~r thi$ Act.

48. Indemnily~Subject to .ub-section (3) of sectiott 35. no suit, prosec ution or other legal proceeding shall lie ~gainst (he Commission or any Member. officer Or servant of (he Commission for anyth ing in good faith done or intended to be done uttdcr (h i ~ Act or any regulations or order matk thereunder.

49. Agreeme nl fur exchange ufinforrnation .- Thc Commission may. wi th approval of the Fed.eral Govern me nt, enter into agreemcnt with competit ion agencies in any p"rl of the world for the exchange and assislance in pcrfornlattce of it, fU""'lion unoc, this Act.

50, Sh",ing and supplr of informalion.- ln order that informat ion reln'an( to the performance of it' function, i. available to (Ile Commission and fol' carrying out the pHrpoS~" of the Act,-

(a) at[ office, attd age ncies of the Fedeml Govcrnment and Provinc ial Goveromem& shall supply r,-.,e of costs or charges informatiott requested by th~ Commission in the discharge of its functions under (his ACI; and

(b) Ihe Stat~ Bank of Pali,tan, Securities and Exchange Commiss ion of P"ki'lan, the Central board of Revenue. tbe Federal Bureau of Statistic, a"J "II rcgulatol")' a uthoritie" shall arrange to provide requ isite infom,ation a, re"ni"ible under the ir own laws to tile Commis,io", from time to tjme , at it' "''lueS! in the discharge of its functions unde r this Act.

P~tCJ" II THE GAZETIE OF PAKISTAN. EXTRA .. ocroSER 13. 2010 673

51. O blil:"lioo of eoollidcol;alily.-( I) Subjecllo this section. any pc::1'SOII "'ho IS or " '3S a. ony lime.-

(a) aCling a . a Memlx:rof the Commission. or

(b) c nl:al:ffi as ~n officrr or e mployee of the Commi ,sion. or

(c) aUlhori,cd to ~rform or tx~ rcise any fuoction o r power of the Commission or any function or po\"cron behalf of the Commission 01

10 "'nlkr ..,rvic..,.to the Commission in the cap:ldty of a coo.<ultan. 01

tdvi~r; •

shall not. CAC"ept to the e Xlent rn."ces.'lary 10 pc::rfonn hi, ofr",iat dUl ieS. or Ul the perfonnan~e or c wreise of '(.lCh fWKlion or power. either di rectl y or ll)(itre.:olly. make " r"«<l rd of- or disclo'c hI any pc::rson. any informal io n Ihat is or was acq uired by him because of hav"'g been .w appoimed. engaged or authorized . or m;,ke u"" of any such inromation. for nny ru<"lX'<C o ther .~an Ihe ~rform.nce of hi s offic ial dUlle.' or Ihe pcrform.nc~ or ';AcreiS<.' of thM functiOll or powe,.

(2) Any PC"'"" who contruenes sulJ..5ec1ion (I ) ~II be gllill y of an offence which shall he punishabk wilh imp"500ment for " term which maye>.lend (0 """ ~ar. or wilh fi"" ... ·hich may c~lcnd 10 one mill ion Npce5 or w,lh I>nIh.

(3) The Commission sha ll lake all f~asonablc mCaS "rC~ 10 protect from IJ n,,, " I)<){i~d usc or disclosure the infol"llWion {;iYcn 10 it in confidcn<"C in con nection with th~ pcrfonnaace of itS fu nctions or ex~rci'-C of its powerli .

(4) r-or tbe purpose of sulJ..~'Cliun ( I) lhe disclosure of in(Ofmalion as rcquin.""ll or pcrmillcd by any law for II ... · II "'" being in fon:e in Pak,stan ()( any «hIT jllnodiclOon sh.all be laken 10 be a u.horote<J usc and disclosu~ of lhe informalion .

(S) For doe purposes s u!>-s.ec:l ion ( I ). lhe di.d~un:: of informalion hy a pcmlD for the purposeo Qf:_

(a) pc:rfornling his (uncti Ons ~s,-

(i) a Member or c mployccof lhe Commis:sion;

(ii) 111 offocer. or~m~ {)f who iuuthoriud 10 perform (lrCRttose a (unclion or poW~f of. Of on beh.alf o f. lhe Commlsstnn. or

(b) ,he perform"""" of fU"Cloons or <ervices by lhe JlI'rsoo by ""3) of l~iSling a Memberor an officer of .he Commission.

sha ll be .ake n 10 be ~u lhori'l.ed u'<' ,nd di1<: losure of the info rmali on

'" (6) Whe~!he Dl,irmlll' .. s:uisfied Ihal any par1icular informalion.-

(a) rna)' c'l.iIh1e or 3"i'lll,.; CommisSion to perform or e ~ercise any of its fUllclions or powe.s;

(b) may enab'" or a.'>SiSl Ihe I'ede,al Government. or ao ~Scncy of the Federal GovernIDCm lO perrrnm a r"ncl>OOl or nerdse a power; or

(c) may cnableor 3J;.~isI tile Federal Govemmcm. an ag¢ncy af1t1C f<:<;Ir,ral Govc:mmcnt. orof a f~ign country 10 perform a fWlC\jon. Of ucn:isc a po .... er. coofe=d by a law in force in thai fOfe ign coumry.

It... d;sd~urc of lhe information 10 such persons by a penon ,,'hom the ChaIrman authv,;te.< for the purpose shall be t~kcn 10 be authorized use and dilClosm~ of lhe infom131ion.

(7) The Chainnan may impose condition. 10 be complied wilh in relation 10 jnform~(iQn di$clo""d umk •. s...b.sectioo (6).

(S) Tile Cbainnan may delegate a ll or my of his functions and po"""'" under sub-:i«\iOl15 (6) and (7) 10 a Member or aD OfrlCerofthe Commission.

(9) NOIhing in allY of the sub·sections (4). (5). (1) al>ll (8) s.halllirnit what may (lIhefwisc conMiIUl(. for Ihe purpno;es of ~tr5Coion (I). authoril.cd ~ Of disd<)l;ure of infonnmion.

from _ 52, I' ern'i tled disd osll rt._Nothing in sccti0<l49 shall prcdu&: a person

(t ) ptOdocing a document to a COO" in lhe coon;" of criminal pro;:ced,ngs Of in lhe {'{)lIf'Sr of any pn:teffdinv under this Act. the A\..1 OJ any ()(her law for the lirM bemg in fon:e;

(h) diloCl<lSing to a coun in llle COlIr"", of any procmings referred to in clause (a) any maller Of thing. Ihal came under his Qr her nmice in lhe performance of hi' or I..:r om,ial dUlie< Or in Ihe pelform ,llcc Of" r,,"clion or Ih. ~~crci !'e of a power referred 10 in (hal seclion;

(e) producing a documenl ordioeiosinl informalion 10 a person 10 ",-hom, in Ihe opinion of the CommlSliion. it is in the public Imcresl thal!be document be produced Of infOnn.lltion be disclosed;

(d) prud"c:inl a docullIenl Of discloslllg informat ion that is required or permilled by any law for (he time he;ng .n fo= ;" Paki$l3n or an)' ()(i1er jurisdiction to be produced or d isclosed. a~ lhe cue m~y be: or

(0) producing a doc ument or disdasing i,nfO'llIation to Ih<.: Commission.

p,,1<! [J THE GAZETI'E OF PA KISTAN, EXTRA., OCTOBER 13. 2010 675

53, Assis lan"" and ad" ice-t" th e C"m,n is> ion .- (I) The Commission may seek (he aMistancc of any per"'n. authority or agen~y for (he performance of its functions unocr (h is Act

(2) All offkers of an agency and any person whose a,<sislance has bee n sought by the Commission in the performance of its function, shall render such ass ,stance to the cAtcnt it is wilhin their power or capacity,

(3) Subject to suo.sect ion (3) of section 35. ~o st.1lcment made by a I"' ,son or authority in the cour", of g iving cvidc"cc be fore the Commi"ion or its staff . hall u", against him or subject such person or authority to civil or criminal procecJings except for prosecution of su<:h person or authority for giving false e,';dence .

YI . Power 10 cxcmj>t._The Federal Government may. by notification on the official Gazclte. exem pt from "ppl ication of lhis Ad or any proviSion thereof and for such period as it may specify in such nOl ification,-

(a) any cI~ss of un(\crtaking if sll<'h cxempt ion is necessary in t~ inte rest of security of the Sme or public interest ;

(b) any practice or agreement ari~ing OUt of and in accordance with any obligalion aSSUllled by Pakistan undcr any treaty. agreelllent Or con"cmion with any OI~r State or States; Or

(c) any undertaking. Which performs a sovcreign function on behalf of the Federal Governlllent or a Provincia l Government.

55 ACI nOllO ;I pply 10 Irude uni"ns~Norhiog in the Act shall appl y lO tra"'" ufl iom or it' member fUoctio ni ng in "ccordanu with lhe law perta ining to trade llnions for thc limc be ing in forcc_

56. I'ower .• of Ih~ Fed er a l GHcrnm~nl to iss ue directi , ·es.---Thc Federa l Gowmmem may. asand when il cons iders necessary. issue policy dircrtives to Ihe Commission. nol inconsi stc E\\ Wilh th~ provis ion, of this ACI, and the Commis.siQU shall NlOp ly with ~uch di rectil·CS.

57. Po wer to make ndcs.-(l) Subject to ,u b- ~eclion (2 ). (he Commiss ion may. by notificalion in the official Guctte and with the aprrov~1 of Fede r~ 1 Govemmen1. make rules forall or any oflhe ma ilers in respecl of wh ich it i, required to make rules or to carry oUl tlle puq)Q',es of lh is A~t.

(2) The PO"''Cr to make rules conferred by lhi, s': d in n, ~xcepl for the firsl OCC"SiOll. shall be subject to {he condition of pre";" ,, , I" ,bl <calion and hefore

676 THE GAZETTE OF PAKISTAN, EXTRA.. OCTOBER 13. 2010 [PA~T I

making any rule, lhe draft thereof shall be published III the offic ial Gazette for el i, iting publ i, opinion thereon within a period of not less than thiny day. from the date of publicJ!ion

5S_ P,-,wer t'-' make rcgu]alions.-(J) Subjc<:t to sub-wetion (2). t~ Commi»ion may. by notitication in the official Ga1ene. make such regulations a, may be requircJ to carry oUl the purpo"-" ofthi' Act

(2) The power to make regulations confcltCd by this section. except for the fir>1 occasion. ,hall be ~ubj ect 10 the condition of previou. publication and before making allY regulations the draft thereof shall be published in two newspapers of wide ci rculat ion for eliciting p<lblic opinion theccon wilhin a periotl of notle5S than thirty days from the date of publ i,aliotl

59_ Act to o"er ride other laws.-The provi£ion£ of this Act sh.-ll have effect notwithslanding anything to the contrary contained in any other law for the time being in force.

60. Rerno\'al of di fficIlHirs._l f any difficulty arise< in giving effect to the provi<ions of this Act. the Comm iss ion may make "uch order. not inconsistent with the provision. ofthi-<Act, "" may a[llJCar 10 it to be nece&Sary for the purpose of ccl1l,-,ving the difficulty.

61. Repeals and "",·ings.-(I) On the commencement of Ihi, Aet-

(a) the Monop<Jlics and Restrictive Trade Practices (Control and Prevention) Ordinance, 1970 rv of 1970). hereinafter refcrred 10 as the repealed Act. sh~11 'tand repealed;

(b) the MQnopoly Control Aut hQrily cstablished under the repealed Act 'hall .,(and di,wlve<i;

(c ) aU ",''''t<. rights. powe,s. aulhoritics and privilege, and properly. rnovabl~ and immovable . cash and hank balances, re_o;erve funds. investmcTlts and all othcr interests and rights in. Or arising out of 'llch property and all debts, liabilitie, and obligatiotlS of what~ver kind of the Monop<Jly Control Authority subsi<ting immediate ly before its dissolution ' hall .tand Ira nsferred to .1n(1 vest in Ihe Competition Commission of Pakistan es.tablished under thi' Act ;

677

(d) no officer. employee, servant. or any Olher person holding any po,t in connection with the affa irs of the Monopoly Control Authority !hal! h~ve any right or lien to appoint""'nt to any post in the Competition Commission of Pakistan establ ished under this Act :

(e) offkers. employees. servants. or any otllerperson holding any POSt in connection with the affairs of the Monopoly Control Authority, not

considered for appointmem in the Commission !hall have the option to be diseharged from 5<'rvice on payment ohdmissible re lieving benefits, or alternatively. their services shall be placed at the disposal of the Finance Division for absorption on the tenns and condition. to be detcnn ined by that Div ision but nOlIcss favourable than those wh ich they were entitled to in Monopoly Control Authority, and unless sooner they are absorbed elsewhere they shall continue to draw their pay. allowances, privileges or other benefits from the Commiss ion a.< they were drawing while holding their prn;ts in the Authority;

(D save as otherwise prov ided in clause (e). all the delm and obligations inc urred or contracts entered into or rights acquired and a ll matters and th ing. engaged to be done, by, with Or fmtlle Monopoly Control Authority before enforcement of this Act shall be deemed to have been incurred , entered into, acquired or engaged to be done by with or for the Commiss ion, e5lablished under this Act, as the case may be; and '

(g) all suits and Olher legal proceed ings instituted by or aga inst the Monopo ly Control Authori ty before the COmmencement of this Act shall be deemed to be su its and proceed ings by or against the Contpetition Commiss ion of Pakistan as the case may be and may proceed and be dea lt with accord ingly.

62. VMlidalion of actions. etc.-Anything done, actions taken. order. passed , instruments made, notifICations i .. ,ued. agreements made, proceedings ini tiated , processes or communication issued, powers conferred, assumed o r exerc ised. by the Commission or its officers on or afte r the 2nd October, 2007 and before the COmmencement of lhi sAc~ shall be deemed \0 ha V<': ~n validl y done, made, issued. taken. initiated. conferred, assumed. and exercised and provisions of the Act sha ll have , and shall be deemed always to have had. effect accordingly_

KARAMAT HUSSAIN NI AZI,

Sec'eUlry.

618 THE GAZETI'E OF PAKISTAN,EXTRA .• OCTOBER 13.2010 W .. 1fT1

MAJLIS-SHOORA(pARLIAMEl'fI1

A

BILL

10 provide for free competition /0 enhance economic efficiency and 10 pretecl consumers/rom anti-competitive beh(lviour. ,"

[As Passed By the Majlis-Shoora (Parl iament)1

CORRIGENDUM

/10 the Gazette of Pakistan, ExtraordifUlry Part-! dared the 16th September. 20/0 containinG Ordinana No. XVIll of 20/0.)

, Page 520 In line 14/or "May" read "may".

I'RlNTLD RV TIIP. ..... ~ .. GI'lO. "",.m..o COR_",Kli< Of f'AKlS,,,,, .... !;S5. 15LA",,,BAO I'IJHu:lHrD RV THI; OOI'\"Y <nt.'flUJU .o.. ST,,'f"I(:INQ.V ,,1'0 fOKMS. ",',Vl'J<SITV ~OAD. KA~"CIII.