How many sections are in The Competition (Amendment) Act, 2023 (TCAA)?

The The Competition (Amendment) Act, 2023 (TCAA) contains a total of 87 sections organized across 10 chapters. The chapters are: Chapter IP — reliminary — 25 sections; Chapter IIP — rohibition of Certain Agreements, Abuse of Dominant Position and Regulation of Combinations — 3 sections; Chapter IIICO — mpetition Commission Of India — 6 sections; Chapter IVDU — ties, Powers And Functions Of Commission — 11 sections; Chapter VDU — ties Of Director General — 1 sections; Chapter VIP — enalties — 6 sections; Chapter VIICO — mpetition Advocacy — 1 sections; Chapter VIIIF — inance, Accounts and Audit — 4 sections; Chapter VIIIA — Competition Appellate Tribunal — 17 sections; Chapter IXMIS — cellaneous — 13 sections.

Where can I read the complete TCAA bare act online for free?

You can read the complete, updated text of The Competition (Amendment) Act, 2023 (TCAA) with all 87 sections for free at Law on Tips (lawontips.com). Each section includes the full legislative text with chapter-wise navigation.

What does TCAA deal with?

The Competition (Amendment) Act, 2023 (TCAA) is an Indian legislation enacted in 2023 passed by the Parliament of India. An Act to amend the Competition Act, 2002 to introduce settlement and commitment frameworks and value-based deal thresholds. Read the complete bare act text with section-by-section navigation at Law on Tips.

What is the full form of TCAA?

TCAA stands for "The Competition (Amendment) Act, 2023". It is an Indian legislation containing 87 sections across 10 chapters. You can read the complete TCAA bare act with all sections at Law on Tips.

The Competition (Amendment) Act, 2023 (TCAA) - Complete Bare Act with All 87 Sections | Law on Tips

Ch. IP

reliminary

Ch. IIP

rohibition of Certain Agreements, Abuse of Dominant Position and Regulation of Combinations

S.3Anti-competitive agreements.S.5Combination. - The acquisition of one or more enterprises by one or more persons or merger or amalgamation of enterprises shall be a combination of such enterprises and persons or enterprises, if S.6Regulation of combinations.

Ch. IIICo

mpetition Commission Of India

S.7Establishment of Commission.S.10Term of office of Chairperson and other Members.S.11Resignation, removal and suspension of Chairperson and other Members.S.14Salary and allowances and other terms and conditions of services of Chairperson and other Members.S.15Vacancy, etc., not to invalidate proceedings of Commission. - No act or proceeding of the Commission shall be invalid merely by reason of S.16Appointment of Director General, etc.

Ch. IVDu

ties, Powers And Functions Of Commission

S.19Inquiry into certain agreements and dominant position of enterprise.S.20Inquiry into combination by Commission.S.21Reference by statutory authority.S.25Jurisdiction of Bench. - [ Omitted by the Competition (Amendment) Act, 2007 (39 of 2007), section 18 (w.e.f.12-10-2007)]S.27Orders by Commission after inquiry into agreements or abuse of dominant position.S.28Division of enterprise enjoying dominant position.S.29Procedure for investigation of combinations.S.31Orders of Commission on [***] combinations.S.32Acts taking place outside India but having an effect on competition in India. - The Commission shall, notwithstanding that,S.35Appearance before Commission.S.37Review of orders of Commission. - [ Omitted by the Competition (Amendment) Act, 2007 (39 of 2007), section 30 (w.e.f.12-10-2007).] 38. Rectification of orders.

Ch. VDu

ties Of Director General

S.41Director General to investigate contraventions.

Ch. VIP

enalties

S.44Penalty for making false statement or omission to furnish material information.S.45Penalty for [contraventions] in relation to furnishing of information.S.47Crediting sums realised by way of penalties to Consolidated Fund of India.S.48ASettlement.S.48BCommitment.S.48CRevocation of the settlement or commitment order and penalty.

Ch. VIICo

mpetition Advocacy

S.49Competition advocacy.

Ch. VIIIF

inance, Accounts and Audit

S.50Grants by Central Government.S.51Constitution of Fund.S.52Accounts and audit.S.53Furnishing of returns, etc., to Central Government.

Ch. VIIIA

Competition Appellate Tribunal

Ch. IXMis

cellaneous

S.54Power to exempt.S.55Power of Central Government to issue directions.S.56Power of Central Government to supersede Commission.S.57Restriction on disclosure of information.S.59Protection of action taken in good faith.S.60Act to have overriding effect.S.61Exclusion of jurisdiction of Civil Courts.S.62Application of other laws not barred.S.63Power to make rules.S.64Power to make regulations.S.64BCommission to issue guidelines.S.65Power to remove difficulties.S.66Repeal and saving.

Law on Tips(LOTS)

The Competition (Amendment) Act, 2023