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Section 12: Restriction on employment of Chairperson and other Members.

The Competition Act, 2002Central Act · Act 12 of 2003

[12. Restriction on employment of Chairperson and other Members.--(1) The Chairperson and other Members shall, for a period of two years from the date on which they cease to hold office, not accept any employment in or advise as a consultant, retainer or in any other capacity whatsoever, or be connected with the management or administration of--

(a) any enterprise which is or has been a party to a proceeding before the Commission under this Act; or

(b) any person who appears or has appeared before the Commission under section 35.

(2) Notwithstanding anything contained in section 35, the Chairperson or any other Member after retirement or otherwise ceasing to be in service for any reason shall not represent for any person or enterprise before the Commission:

Provided that nothing contained in this section shall apply to any employment under the Central Government or a State Government or local authority or in any statutory authority or any corporation established by or under any Central, State or Provincial Act or a Government company as defined in clause (45) of section 2 of the Companies Act, 2013 (18 of 2013).]

Where this provision sits

ActThe Competition Act, 2002
Section12
Marginal noteRestriction on employment of Chairperson and other Members.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it1

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted, Act 9 of 2023. . Subs. by Act 9 of 2023, s. 11, for section 12 (w.e.f. 18-5-2023).

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