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

Notices

Determination of thresholds in terms of Section 11(1)

Method of Calculation

1. Generally accepted accounting practices apply
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For the purposes of section 11 of the Act, the assets, and the turnover, of a firm must be calculated in accordance with South African generally accepted accounting practice ("G.A.A.P."), subject only to the following provisions of this notice.