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CMA Final · Corporate and Economic Laws · The Competition Act, 2002

Which statement about the territorial extent and commencement of the Competition Act, 2002 under Section 1, as given in the text, is correct?

The Act extends to the whole of India except the State of Jammu and Kashmir, and the Central Government may notify different commencement dates for different provisions, which is why sections came into force in phases between 2003 and 2011.

  1. AIt extends to the whole of India except the State of Jammu and Kashmir, and different dates may be appointed for different provisionsCorrect
  2. BIt extends to the whole of India including Jammu and Kashmir and must commence on a single date
  3. CIt extends to the whole of India except Jammu and Kashmir, and all provisions came into force on 31 March 2003
  4. DIt extends only to States that adopt it by legislative resolution

Explanation

Section 1(2) states the Act extends to the whole of India except the State of Jammu and Kashmir. Section 1(3) lets the Central Government notify different dates for different provisions, and the footnote shows phased commencement from 2003 to 2011. So a single date is wrong.

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