Cap. 510 Art. 13Establishment of the Office for Competition.

(1) There shall be established an office to be designated as the Office for Competition which shall be headed by the Director

General (Competition).

(2) The Director General (Competition) shall be a person with professional qualifications, recognised competence, experience and specialisation in the domain of competition law and, or industrial organisation economics and, preferably, with knowledge of consumer matters, and shall be appointed by the Board, following consultation with the Minister, for a period of three years and such period may be extended for further periods of three years each: Provided that the first Director General (Competition) shall be appointed by the Minister.

(3) The Office for Competition shall have a sufficient number of qualified staff and sufficient financial, technical and technological resources that are necessary for the effective performance of their duties, and for the exercise of their powers for the application of articles 5 and, or 9 of the Competition Act and, or Articles 101 and, or 102 of the TFEU.

(4) Without prejudice to national budgetary rules and procedures, the Office for Competition shall be granted independence in the spending of the allocated budget for the purpose of carrying out its duties as set out in article 14 of this Act, the Competition Act and any regulations made thereunder.