Rulemaking power under competition law enables the central government to prescribe procedural, administrative and financial rules.

The Central Government may by notification make rules to carry out the Competition Act, prescribing procedural, administrative, financial and publication requirements. Rules may specify selection and appointment procedures, terms of service and salaries for Commission and Director General personnel, forms and fees for appeals, the form of accounts and annual reports, treatment of monies transferred to the Commission or Appellate Tribunal, and other matters necessary to implement the Act. Notifications and rules must be laid before both Houses of Parliament for scrutiny and possible modification.

---

---

---