Competition Act, 2002

Section - 64A - Process of issuing regulations

[Process of issuing regulations.

64A. The Commission shall ensure transparency while making regulations under section 64, by-

(a)	-	publishing draft regulations along with such other details as may be specified on its website and inviting public comments for a specified period prior to issuing regulations;
(b)	-	publishing a general statement of its response to the public comments, not later than the date of notification of the regulations;
(c)	-	periodically reviewing such regulations:

Provided that if the Commission is of the opinion that certain regulations are required to be made or existing regulations are required to be amended urgently in public interest or the subject matter of the regulation relates solely to the internal functioning of the Commission, it may make regulations or amend the existing regulations, as the case may be, without following the provisions stated in this section recording the reason, for doing so.]

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