Page:Competition Act 2004.pdf/74

74 8. To become a member or an affiliate of any international body, the functions, objects or duties of which are similar to those of the Commission.

9. To acquire and hold property, both movable and immovable, and to sell, lease, mortgage or otherwise dispose of the property.

10. To grant loans to officers or employees of the Commission for such purposes specifically approved by the Commission as are likely to increase the efficiency of the officers or employees.

11. To grant or guarantee loans to any officer or employee of the Commission for the purchase of a house, land or a flat or for the renovation of a house or a flat for the use or occupation of the officer or employee and his family (if any).

12. To make provision for gratuities, pensions, allowances or other benefits for employees or former employees of the Commission or its predecessors.

13. To make provision for the specialised training of any employee of the Commission and, in that connection, to offer scholarships to intending trainees or otherwise pay for the cost of the training and all expenditure incidental thereto.

14. To offer bursaries and scholarships for study at any school or institution of higher learning to members of the public and officers or employees of the Commission and members of their families.

15. To do anything incidental to any of its functions under this Act or any other written law. THIRD SCHEDULE Sections 35, 48 and 92 and paragraph 2 of Fourth Schedule EXCLUSIONS FROM SECTION 34 PROHIBITION AND SECTION 47 PROHIBITION Services of general economic interest, etc.

1. Neither the section 34 prohibition nor the section 47 prohibition shall apply to any undertaking entrusted with the operation of services of general economic interest or having the character of a revenue-producing monopoly in so far as the prohibition would obstruct the performance, in law or in fact, of the particular tasks assigned to that undertaking.

Compliance with legal requirements

2.—(1) The section 34 prohibition shall not apply to an agreement to the extent to which it is made in order to comply with a legal requirement.

(2) The section 47 prohibition shall not apply to conduct to the extent to which it is engaged in order to comply with a legal requirement.