FEDERAL COMPETITION AND CONSUMER PROTECTION ACT

Section 163: Power to make regulations

2018Section 163 of 168Federal Republic of Nigeria

(1) The Commission may make regulations and issue guidelines and notices for the effective implementation and operation of the provisions of this Act, and in particular, prescribing -
(a) the procedures to be followed under this Act with regard to applications, notices to and proceedings of the Commission;
(b) the forms of applications and related documents required for the purposes of this Act;
(c) fees, administrative penalties, charges or levies and such other related matters; and
(d) how information required can be obtained or accessed to confidential information.
(2) The regulations, guidelines and notices referred to in subsection (1) may include procedural and enforcement rules, and regulations or guidelines -
(a) for the application of Part VIII of this Act prohibiting restrictive agreements;
(b) for the application of Part IX of this Act prohibiting abuse of a dominant position;
(c) on monopoly investigation under Part X of this Act;
(d) on the assessment of Mergers under Part XII of this Act;
(e) on the consurner protection regulation under Parts XV-XVII of this Act;
(f) on market definition;
(g) on leniency programme;
(h) any other regulation, guideline and notice as may be needed for the imolementation of this Act.

Cite this section

Section 163, FEDERAL COMPETITION AND CONSUMER PROTECTION ACT (2018).

https://repo.podus.ai/laws/federal-competition-and-consumer-protection-act/section/163/