Library / PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PETROLEUM PREVENTION OF ANTICOMPETITIVE PRACTICES AND BEHAVIOUR REGULATIONS, 2026 ARRANGEMENT OF REGULATIONS
PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PETROLEUM PREVENTION OF ANTICOMPETITIVE PRACTICES AND BEHAVIOUR REGULATIONS, 2026 ARRANGEMENT OF REGULATIONS
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4 PART XIV – COMPLAINTS, PRELIMINARY ASSESSMENTS, AND INVESTIGATIONS OF ANTI-COMPETITIVE BEHAVIOUR 75. Mode of Filing Complaints 76. Authority-Initiated Monitoring and Investigations 77. Preliminary Assessment 78. Initiation of Investigation 79. Conduct of Investigations 80. Powers of the Authority During Investigations 81. Confidentiality and Protection of Whistleblowers 82. Opportunity to Respond 83. Interim Measures PART XV – DETERMINATION OF ANTI-COMPETITIVE CONDUCT AND ABUSE OF MARKET POWER 84. Determination of Substantially Lessening of Competition 85. Determination of Anti-Competitive or Discriminatory Conduct and Abuse of Market Power 86. Determination of Practices Excluding, Deterring or Crippling Entry or Expansion 87. Determination of Abuse of Dominant Position 88. Consideration of Competition in Licensing and Price Decisions PART XVI – ENFORCEMENT AND REMEDIAL ACTIONS REGARDING ANTI- COMPETITIVE BEHAVIOUR 89. Issuance of Cease and Desist Orders 90. Content and Nature of Cease and Desist Orders 91. Remedial Actions and Corrective Measures 92. Appointment of Monitoring Trustee 93. Duration, Review, and Modification of Orders 94. Enforcement and Penalties 95. Publication of Orders 96. Interface with Other Agencies PART XVII –ADMINISTRATIVE PENALTIES AND FINES FOR ANTI-COMPETITIVE CONDUCT 97. Authority to Impose Fines 98. Procedure Prior to Imposition of Fine 99. Calculation of Fines 100. Penalty Categories and Guidelines 101. Daily Penalties for Continuing Non-Compliance 102. Personal Sanctions 103. Licence Consequences 104. Payment, Recovery, and Appeals 105. Designated Account for the Payment of Penalty Proceeds
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