Competition law amendment alters transitional timing and removes proviso, making specified provisions effective on commencement by presidential ordinance. The Ordinance removes the proviso and its Explanation to the transitional subsection of the Competition Act and substitutes references to expiry after two years with references to the Ordinance's commencement, so that the specified transitional timing and related obligations take effect immediately on commencement of the Competition (Amendment) Ordinance, 2009.
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Competition law amendment alters transitional timing and removes proviso, making specified provisions effective on commencement by presidential ordinance.
The Ordinance removes the proviso and its Explanation to the transitional subsection of the Competition Act and substitutes references to expiry after two years with references to the Ordinance's commencement, so that the specified transitional timing and related obligations take effect immediately on commencement of the Competition (Amendment) Ordinance, 2009.
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