Exemption of RRBs from the certain provisions of Competition Act
Exemption of RRBs from the certain provisions of Competition Act
S.O. 3238(E).—In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002
(12 of 2003), the Central Government, in public interest, hereby exempts the Regional Rural Bank notified under sub-section (1) of section 23A of the Regional Rural Banks Act, 1976 (21 of 1976), from the application of provisions of section 5 and 6 of the Competition Act, 2002 for a period of five years from the date of publication of this notification in the Official Gazette.
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