Statistics Act, 1999
R 385
Competition Act, 1998 (Act No. 89 of 1998)RegulationsBuyer Power Regulations, 20205. Trading conditions |
Factors and benchmarks for determining whether a trading condition may be deemed unfair include the following:
(a) | The trading condition unreasonably transfers risks or costs onto a firm in the designated class of suppliers; |
(b) | the trading condition is one-sided, onerous or not proportionate to the objective of the clause (such as unduly long payment terms); or |
(c) | the trading condition bears no reasonable relation to the objective of the supply agreement. |