Singapore legislation
Clause 56
Clause 56
Amendments to Competition Act
The Competition Act (Cap. 50B, 2006 Ed.) is amended —
by deleting the definition of “Chief Executive” in section 2(1) and substituting the following definition:“ “Chief Executive” means the Chief Executive of the Commission, and includes any individual acting in that capacity;”;
by repealing section 8 and substituting the following section:“Directions by Minister
8. The Minister may give to the Commission any direction under section 5 of the Public Sector (Governance) Act 2018.”;
by deleting the words “make regulations, prescribe or levy dues and rates and borrow money and the power of delegation conferred by this subsection” in section 9(2) and (3) and substituting in each case the words “prescribe or levy dues and rates and borrow money”;
by repealing section 10 and substituting the following section:“Chief Executive, officers and employees, etc.10.—
There must be a Chief Executive of the Commission, whose appointment, removal, discipline and promotion must be in accordance with the Public Sector (Governance) Act 2018.(2) The Commission may, subject to the Public Sector (Governance) Act 2018, appoint an individual to act temporarily as the Chief Executive during any period, or during all periods, when the Chief Executive —
is absent from duty or Singapore; or
is, for any reason, unable to perform the duties of the office.(3) The Commission may, subject to the Public Sector (Governance) Act 2018, appoint and employ, on such terms and conditions as it may determine, such other officers, employees, consultants and agents as may be necessary for the effective performance of its functions.”;
by repealing section 12 and substituting the following section:“Minister’s approval of estimates12.—
A copy of all annual estimates of revenue and expenditure and supplementary estimates must, upon their adoption by the Commission, be sent without delay to the Minister.(2) The Minister may approve or disallow any item or portion of any item shown in the annual estimates or supplementary estimates.(3) The Minister must return the annual estimates or supplementary estimates as amended under subsection (2) to the Commission, and the Commission is bound by the Minister’s decision.(4) However, the Commission may transfer all or any part of moneys assigned to one item of expenditure to any item under the same head of expenditure in any estimates approved by the Minister.”;
by deleting the word “permitted” in section 89(1)(ii) and substituting the word “allowed”;
by deleting the words “members, officers and employees of the Commission, all” in section 91;
by inserting, immediately after the words “Subject to the provisions of this Act” in paragraph 16(2) of the First Schedule, the words “and the Public Sector (Governance) Act 2018”;
by inserting the word “or” at the end of paragraph 17(b) of the First Schedule;
by deleting the word “; or” at the end of paragraph 17(c) of the First Schedule and substituting a full‑stop;
by deleting sub‑paragraph (d) of paragraph 17 of the First Schedule; and
by repealing sections 9(4), 20, 21(1) to (5), 22, 23 and 31, and paragraph 11 of the First Schedule.