| (1) | The Minister, in consultation with the Competition Commission, must determine— |
| (a) | a threshold of annual turnover, or assets, in the Republic, either in general or in relation to specific industries, below which this Part does not apply to a firm; and |
| (b) | a method for the calculation of annual turnover or assets to be applied in relation to that threshold. |
| (2) | The Minister may make a new determination in terms of subsection (1) in consultation with the Competition Commission. |
| (3) | Before making a determination contemplated in this section, the Minister, in consultation with the Competition Commission, must publish in the Gazette a notice |
| (a) | setting out the proposed threshold and method of calculation for purposes of this section; and |
| (b) | inviting written submissions on that proposal. |
| (4) | Within six months after publishing a notice in terms of subsection (3), the Minister, in consultation with the Competition Commission, must publish in the Gazette a notice— |
| (a) | setting out the threshold and method of calculation for purposes of this section; and |
| (b) | the effective date of that threshold. |
[Section 6 substituted by section 4 of Notice No. 1354, GG 21880, dated 13 December 2000]
