Communications Regulation (Amendment) Act 2007

23.

Amendment of section 4 of Competition Act 2002 (anti-competitive agreements, decisions and concerted practices).

23.— Section 4 of the Competition Act 2002 is amended as follows:

( a) by substituting the following subsection for subsection (3):

“(3) Either competent authority may in writing declare that in its opinion a specified category of agreements, decisions or concerted practices complies with the conditions referred to in subsection (5), but only with the concurrence of the other competent authority. If the competent authority that made the declaration later forms the opinion that the category no longer complies with those conditions, it may revoke the declaration, but only with the concurrence of the other competent authority.”;

( b) in subsection (4), by substituting “the competent authority” for “the Authority”.