Competition Act, 1991

PART III

The Competition Authority

Establishment of Competition Authority.

10.—(1) There shall be a body to be known as the Competition Authority to exercise the functions assigned to it by this Act.

(2) The Authority shall stand established on such day as the Minister may by order appoint.

(3) The Authority shall in particular discharge any function of the Fair Trade Commission under the Act of 1972 not completed at the commencement of this section and, accordingly, sections 7 and 8 of the Act of 1978 are amended by the substitution of references to the Authority for references to the Fair Trade Commission.

(4) The provisions of the Schedule shall have effect in relation to the Authority.