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In forceUpdated to 1 Nov 2024Read it in Bahasa Malaysia

Part II · Establishment of the Competition Commission

3. Establishment of the Commission

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(1)

A body corporate to be known as the “Competition

Commission” is established.

(2)

The Commission shall have perpetual succession and a common seal.

(3)

The Commission may sue and be sued in its name.

Competition Commission 9

(4)

Subject to and for the purposes of this Act, the Commission may, upon such terms as the Commission deems fit—

(a)

enter into contracts; and

(b)

in respect of movable and immovable property and interest in movable and immovable property of every description—

(i)

acquire, purchase and take such property and interest; and

(ii)

hold, enjoy, convey, assign, surrender, yield up, charge, mortgage, demise, reassign, transfer, or otherwise dispose of, or deal with, such property and any interest in the property vested in the

Commission.

Report

Part III

Functions and Powers of the Commission

Part IV

Provisions Relating to Employees of the Commission

Part V

Finance

Part VI

General

Schedules