Reference by statutory authority.21. (1) Where in the course of a proceeding before any statutory authority an issue is raised by any party that any decision which such statutory authority has taken or proposes to take, is or would be, contrary to any of the provisions of this Act, then such statutory authority may make a reference in respect of such issue to the Commission:[Provided that any statutory authority, may, suo motu, make a reference to the Commission on any issue that involves any provision of this Act or is related to promoting the objectives of this Act, as the case may be.][(2) On receipt of a reference under sub-section (1), the Commission shall give its opinion, within sixty days of receipt of such reference, to such statutory authority which shall consider the opinion of the Commission and thereafter, give its findings recording reasons therefor on the issues referred to in the said opinion.]
1. Enforced with effect from 20-5-2009.
2. Substituted by the competition (Amendment) Act, 2023, with effect from a date yet to be notified. Prior to its substitution, proviso as amended by the Competition (Amendment) Act, 2007, w.e.f. 20-5-2009 read as under:"Provided that any statutory authority, may, suo motu, make such a reference to the commission."
3. Substituted by the Competition (Amendment) Act, 2007, w.e.f. 20-5-2009. Prior to its substitution, sub-section (2) read as under:-(2) On receipt of a reference under sub-section (1), the .... To read the full section download the app from Google Play store
CAclubindia
