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

Chapter 7 : Offences

74. Penalties

 

Any person convicted of an offence in terms of this Act, is liable—

(a) in the case of a contravention of section 73(1), or section 73A, to a fine not exceeding R500 000-00 or to imprisonment for a period not exceeding 10 years, or to both a fine and imprisonment; or

[Section 74(a) substituted by section 13(b) of Notice No. 875, GG 32533, dated 28 August 2009]

(b) in any other case, to a fine not exceeding R10 000-00 or to imprisonment for a period not exceeding six months, or to both a fine and imprisonment.

[Section 74(b) substituted by section 38 of Notice 175, GG 42231, dated 14 February 2019]

 

 


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