All parliamentary appearances
Entries 1331 to 1340 of 1650.
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19 Nov 2009 in National Assembly:
Mr. Deputy Speaker, Sir, Government Ministers are allowed to read speeches unless the hon. Member, I thought he is an old Member of this House--- Yes, I am reading a speech. And you were a Minister, I do not know whether you never read anything. Clause 47 provides for revocation of mergers authorized on misleading information and to enhance transparency. It compels the Authority to publish reasons for all its decisions in relation to merger decisions.
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19 Nov 2009 in National Assembly:
Mr. Deputy Speaker, Sir, Clause 48 provides for appeals to the Tribunal. Also, the Tribunal has a time limit of four months to determine the appeals. The Tribunal is also required to issue written notices and reasons for its decisions.
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19 Nov 2009 in National Assembly:
Mr. Deputy Speaker, Sir, Part V talks about control of unwarranted concentration of economic power. This particular section provides for the Authority to be checking the concentration of economic power in relation to production and distribution of goods and services. Unwarranted concentration will be deemed to be prejudicial if it increases costs, price, profits; lessens competition and quality of goods and services in the economy.
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19 Nov 2009 in National Assembly:
Mr. Deputy Speaker, Sir, Clause 51 provides for the Authority to get submissions from the undertaking being investigated. Clause 52 empowers the Authority to order any undertaking to dispose of such portion of interests in production, distribution or supply of services which may be causing unwarranted concentration. Nevertheless, the order should not create units---
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19 Nov 2009 in National Assembly:
Thank you, Mr. Deputy Speaker, Sir. I do not know what is itching my good friend.
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19 Nov 2009 in National Assembly:
Mr. Deputy Speaker, Sir, I withdraw the word.
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19 Nov 2009 in National Assembly:
Mr. Deputy Speaker, Sir, Clause 54 sets offences and penalties and the procedures for appeal.
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19 Nov 2009 in National Assembly:
Part VI is a very important section. It refers to consumer protection and relates to consumer welfare. Clause 55 prohibits false or misleading representation of goods in regard to standard, quality, value, sponsorship, approval, performance characteristics, origin and after-sale service. Mr. Deputy Speaker, Sir, Clause 56 prohibits unquestionable conduct. Unquestionable conduct will be perceived in relation to inter alia, relative strength of the person and consumer; understanding of the consumer in regard to the nature of transaction or contract and whether there was any undue influence exerted. Unquestionable conduct shall also be construed in relation to banking, microfinance, insurance and ...
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19 Nov 2009 in National Assembly:
No, Mr. Temporary Deputy Speaker, Sir.
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19 Nov 2009 in National Assembly:
Yes, Mr. Temporary Deputy Speaker, Sir.
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