Competition Act, 1998 (Act No. 89 of 1998)

Regulations

COVID-19 Block Exemption for the Banking Sector 2020

5 - 6. Amendments to Regulations
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5. Given the unpredictability of managing the COVID-19 pandemic, the areas of collaboration exempted in these Regulations may be expanded or reduced by the Minister by notice published in the Government Gazette in terms of these Regulations.

 

6. To the extent that the banking sector identifies additional agreements or practices outside paragraph 3 that are necessary to achieve the purpose of these Regulations, the banking sector may request the Minister to expand the scope of the exemption.