Page:Competition Act 2004.pdf/9

Rh Common seal

4.—(1) The Commission shall have a common seal and such seal may from time to time be broken, changed, altered or made anew as the Commission thinks fit.

(2) All deeds and other documents requiring the seal of the Commission shall be sealed with the common seal of the Commission.

(3) All courts, judges and persons acting judicially shall take judicial notice of the common seal of the Commission affixed to any document and shall presume that it was duly affixed.

Constitution of Commission

5.—(1) The Commission shall consist of the following members:
 * (a) a Chairman; and
 * (b) such other members, not being less than 2 or more than 16, as the Minister may from time to time determine.

(2) The First Schedule shall have effect with respect to the Commission, its members and proceedings. Division 2—Functions, duties and powers of Commission Functions and duties of Commission

6.—(1) Subject to the provisions of this Act, the functions and duties of the Commission shall be—
 * (a) to maintain and enhance efficient market conduct and promote overall productivity, innovation and competitiveness of markets in Singapore;
 * (b) to eliminate or control practices having adverse effect on competition in Singapore;
 * (c) to promote and sustain competition in markets in Singapore;
 * (d) to promote a strong competitive culture and environment throughout the economy in Singapore;
 * (e) to act internationally as the national body representative of Singapore in respect of competition matters;