Section 6
Individual exemption
ActIn forceProvision 6 of 67
Section 6
(1)
An enterprise may apply to the Commission for an exemption with respect to a particular agreement from the prohibition under section 4.
(2)
The Commission may, by order published in the Gazette, grant the exemption if, in the opinion of the Commission, the agreement is one to which section 5 applies.
(3)
An exemption granted under this section is referred to as an “individual exemption”.
(4)
The individual exemption granted by the Commission may be—
(a)
subject to any condition or obligation as the Commission considers it appropriate to impose; and
(b)
for a limited duration as specified in the order.
(5)
An individual exemption may provide for it to have effect from a date earlier than that on which the order is made.