Date: 2016-03-03Category: Extra OrdinaryState: Union GovernmentCountry: India
In exercise of the powers conferred by clause a of section 54 of the Competition Act 2002 12 of 2003 the Central Government in public interest hereby exempts the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3 of the said Act
This notification, S.O. 646(E), issued by the Ministry of Corporate Affairs on March 2, 2016, exempts Vessels Sharing Agreements (VSAs) within the Liner Shipping Industry from Section 3 of the Competition Act, 2002. This exemption, enacted under Section 54(a) of the Act, is valid for one year from the date of publication in the Official Gazette (March 3, 2016). The exemption applies to carriers of all nationalities operating ships of any nationality from any Indian port, provided the VSAs do not involve price-fixing, capacity or sales limitations, or market/customer allocation. During this period, the Director General of Shipping, Ministry of Shipping, will monitor these agreements. Operators of ships in India are required to file copies of existing and new VSAs, along with relevant documents, within thirty days of the notification's publication or ten days of signing the agreements, whichever is later, with the Director General of Shipping. The reference number for this notification is F.No.5/20/2011-CS. The issuing authority is Jt. Secy. Manoj Kumar.
Key Entities Referenced
Competition Act, 2002: An Indian law that establishes the Competition Commission of India to prevent practices having an adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade.
Section 54 of the Competition Act, 2002: Clause a of Section 54 of the Competition Act, 2002 provides powers to the Central Government of India regarding exemptions from the Act.
Vessels Sharing Agreements: Agreements of Liner Shipping Industry which are exempted from the provisions of section 3 of the Competition Act, 2002.
Liner Shipping Industry: The industry involved in operating ships for the purpose of carrying cargo or passengers on a fixed route or schedule.
Section 3 of the Competition Act, 2002: Section 3 of the Competition Act, 2002 deals with anti-competitive agreements.
Director General, Shipping: The Director General of Shipping, Ministry of Shipping, Government of India, is responsible for monitoring the Vessels Sharing Agreements.
Ministry of Shipping: The Indian government ministry responsible for policies and regulations related to maritime transport.
Indian Port: Any port within India from which ships of any nationality are operating.
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx II—[k.M 3—mi&[k.M (ii)
PART II—Section 3—Sub-section (ii)
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la- 557] ubZ fnYyh] c`gLifrokj] ekpZ 3] 2016@iQkYxqu 13] 1937
No. 557] NEW DELHI, THURSDAY, MARCH 3, 2016/ PHALGUNA 13, 1937
ककककााााररररपपपपोोोोररररेेेेटटटट ककककाााायययय (cid:10)(cid:10) (cid:10)(cid:10)ममममं(cid:13)ं(cid:13)ं(cid:13)ं(cid:13)ााााललललयययय
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:4)द(cid:6) ली, 2 माच,(cid:12) 2016
ककककाााा....आआआआ.... 666644446666 ((((अअअअ)))).... ––––क(cid:2)(cid:3)ीय सरकार, (cid:11)ित(cid:14)प धा (cid:17) अिधिनयम, 2002 (2003 का 12) क(cid:22) धारा 54 के खंड (क)
(cid:23)ारा (cid:11)द(cid:25)त शि(cid:27) तय(cid:28) का लोक िह त म(cid:2) (cid:11)योग करते "ए, लाइनर पोत प%र वहन उ(ोग के जलयान िह (cid:14)स दे ारी करार
को इस अिधस ूचना के राजप, म(cid:2) (cid:11)काशन क(cid:22) तारीख से एक वष(cid:17) क(cid:22) अविध के िल ए /क सी भी भारतीय प(cid:25)त न से
/क सी रा12 ीयता के सभी रा1 2(cid:28) के (cid:11)चािल त पोत(cid:28) क(cid:22) बाबत उ(cid:27)त अिधि नय म क(cid:22) धारा 3 के उपबंध(cid:28) से छूट (cid:11)दान
करती ह,ै परंतु ऐस े करार(cid:28) के अंतग(cid:17)त ऐस े सि;म ि लत <य वहार नह= ह(cid:28)ग े िज सम(cid:2) क(cid:22)मत िन यत करना, >मता या
िव ?य को सीिम त करना और बाजार(cid:28) या Aाहक(cid:28) का आबटं न अंतव(cid:17)िलत ह ै।
उ(cid:27) त एक वष(cid:17) क(cid:22) अविध के दौरान, भारत सरकार के पोत प%र वहन मं,ालय, पोत प%र वहन के
महािनद शे क, ऐसे करार(cid:28) को मानीटर कर(cid:2)गे और भारत म(cid:2) ऐसे पोत(cid:28) के (cid:11)चालन के िल ए उ(cid:25)त रदायी < यि(cid:27) त य(cid:28),
िव (मान जलयान िह (cid:14) सेदारी करार(cid:28) या /कए जाने वाल े जलयान िह (cid:14)स ेदारी करार(cid:28) क(cid:22) (cid:11)ित य(cid:28) को, उ(cid:27)त अविध के
दौरान (cid:11)योजनी यता के साथ अF य सुसंगत द(cid:14)त ावेज(cid:28) को राजप, म(cid:2) इस अिध सूचना के (cid:11)काशन क(cid:22) तारीख से तीस
/द न के भीतर या ऐस े करार(cid:28) पर ह(cid:14) ता>र /क ए जाने के दस /द न के भीतर, जो भी पGच ात व् तH हो, महािन दशे क,
पोत प%र वहन को फाइल कर(cid:2)ग े ।
[फा. स.ं 5 /20/2011 –सीएस ]
मनोज कुमार,सयं ु(cid:27) त सिचव
1080 GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 2nd March, 2016
S. O. 646 (E).— In exercise of the powers conferred by clause (a) of section 54 of the
Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby exempts
the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3 of the
said Act, for a period of one year from the date of publication of this notification in the Official
Gazette, in respect of carriers of all nationalities operating ships of any nationality from any Indian
port provided such agreements do not include concerted practices involving fixing of prices,
limitation of capacity or sales and the allocation of markets or customers.
During the said period of one year, the Director General, Shipping, Ministry of Shipping,
Government of India shall monitor such agreements and for which, the persons responsible for
operations of such ships in India shall file copies of existing Vessels Sharing Agreements or Vessels
Sharing Agreements to be entered into with applicability during the said period alongwith other
relevant documents within thirty days of the publication of this notification in the Official Gazette
or within ten days of signing of such agreements, whichever is later, with the Director General,
Shipping.
[F.No.5/20/2011-CS]
MANOJ KUMAR, Jt. Secy.
Uploaded by the Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.