CS Executive · Economic, Commercial and Intellectual Property Laws · Competition Law
A State Government made a reference to the Competition Commission on a proposed policy on 1 March. Within how many days of the reference must the Commission give its opinion under the advocacy provision?
The Commission must give its opinion within sixty days of the reference being made by the Central or State Government. The 150-day period applies to combinations, not to advocacy opinions.
- AThirty days
- BForty-five days
- CSixty daysCorrect
- DOne hundred and fifty days
Explanation
Section 49(1) requires the Commission to give its opinion within sixty days of the reference being made. One hundred and fifty days is the period in section 31(6) for deemed approval of combinations, which is a different matter and a tempting wrong choice.
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