Act Number: 12

Act Name: The Competition Act, 2002

Year: 2003

Enactment Date: 2003-01-13

Long Title: An Act to provide, keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade carried on by other participants in markets, in India, and for matters connected therewith or incidental thereto.

Ministry: Ministry of Corporate Affairs

Department:

Section 16: Appointment of Director-General, etc.
    1 [(1) The 2[Commission may, with the prior approval of the Central Government], appoint a Director General for the purposes of assisting the Commission in conducting inquiry into contravention of any of the provisions of this Act and for performing such other functions as are, or may be, provided by or under this Act.
     (1A) The number of other Additional, Joint, Deputy or Assistant Directors General or such officers or other employees in the office of Director General and the manner of appointment of such Additional, Joint, Deputy or Assistant Directors General or such officers or other employees shall be such as may be prescribed.]
     (2) Every Additional, Joint, Deputy and Assistant Directors General or 3 [such officers or other employees,] shall exercise his powers, and discharge his functions, subject to the general control, supervision and direction of the Director General.
     (3) The salary, allowances and other terms and conditions of service of the Director General and Additional, Joint, Deputy and Assistant Directors General or, 3 [such officers or other employees,] shall be such as may be prescribed.
     (4) The Director General and Additional, Joint, Deputy and Assistant Directors General or 3 [such officers or other employees,] shall be appointed from amongst persons of integrity and outstanding ability and who have experience in investigation, and knowledge of accountancy, management, business, public administration, international trade, law or economics and such other qualifications as may be prescribed.
Notes:
1. Subs. by Act 39 of 2007, s. 11, for sub-section (1) (w.e.f. 12-10-2007).
2. Subs. by Act 9 of 2023, s. 12, for Central Government may, by notification (w.e.f. 18-7-2023).
3. Subs. by s. 11, ibid., for such other advisers, consultants and officers, (w.e.f. 12-10-2007).
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