Regulation 12 - Repeal and Savings - CCI (Lesser Penalty) Regulations, 2024

REPEAL AND SAVINGS 12. (1) The Competition Commission of India (Lesser Penalty) Regulations, 2009 , stand repealed from the date on which these regulations come into force. (2) Notwithstanding such repeal (a) anything done or any action taken or purported to have been done or taken, or any proceedings or decision, inquiry or investigation commenced under the repealed regulations, prior to such repeal, shall be deemed to have been done or taken under the corresponding provisions of these regulations; (b) the operation of the repealed regulations or anything duly done or suffered thereunder, any right, privilege, obligation or liability acquired, accrued or incurred thereunder, or any investigation, legal proceeding or remedy ensued thereunder, shall remain unaffected as if the repealed regulations have never been repealed; (c) after the repeal of the Competition Commission of India (Lesser Penalty) Regulations, 2009 , any reference thereto including in any regulations, direction or decision issued by the Commission shall be deemed to be a reference to the corresponding provisions of these regulations.