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The Competition Act

43APower to impose penalty for non-furnishing of information on combinations

1[43A. Power to impose penalty for non-furnishing of information on combinations.--If any person or enterprise who fails to give notice to the Commission under sub-section (2) of section 6, the Commission shall impose on such person or enterprise a penalty which may extend to one percent, of the total turnover or the assets, whichever is higher, of such a combination.]

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1. Section 43A shall stand inserted (date to be notified) by Act 39 of 2007, s. 37

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