Singapore legislation

Section 41

Criteria for block exemptions

Section 36 applies to any agreement which contributes to —

(a)

improving production or distribution; or

(b)

promoting technical or economic progress,but which does not —

(c)

impose on the undertakings concerned restrictions which are not indispensable to the attainment of those objectives; or

(d)

afford the undertakings concerned the possibility of eliminating competition in respect of a substantial part of the goods or services in question.