Acts Online
GT Shield

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

Regulations

Block Exemption Regulations for Small, Micro and Medium-Sized Businesses, 2024

15. Revocation of approval

 

The Commission may revoke the approval granted in terms of regulation 11 if:

 

15.1. there is a breach of conditions made in terms of sub-regulation 11.2;

 

15.2. the collaboration among SMMEs exceeds the scope of the exemption granted in terms of these Regulations;

 

15.3. the approval was granted on the basis of false information; and

 

15.4. the reason for granting the approval no longer exists.