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Competition Act, 1998 (Act No. 89 of 1998)

Regulations

COVID-19 Block Exemption for the Banking Sector 2020

Notice No. R.355 of 2020

 

Notice No. R. 355

23 March 2020

GG 43127

 

Department of Trade and Industry

 

I, Ebrahim Patel, Minister of Trade and Industry, after consultation with the Competition Commission, hereby in terms of section 10(10) read with section 78(1) of the Competition Act, 1998 (Act No. 89 of 1998) as amended, made the regulations as set out in the Schedule hereto.

 

The purpose of the exemption is to strengthen the Government's programs designed to fight COVID-19, after having declared a National State of Disaster published in Government Notice No. 313 of Government Gazette No. 43096 on 15 March 2020.

 

The regulations will come into effect on the date of publication hereof in the Gazette.

 

 

Mr Ebrahim Patel

Minister of Trade and Industry and Competition

 

 


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