TMI BlogConditions for lesser penalty or lesser penalty plusX X X X Extracts X X X X X X X X Extracts X X X X ..... the cartel from the time of its disclosure unless otherwise directed by the Commission; (b) provide vital disclosure in respect of alleged contravention of the provisions of section 3 of the Act; (c) provide all relevant information, documents and evidence as may be required by the Commission; (d) co-operate genuinely, fully, continuously and expeditiously throughout the investigation and other pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Commission from time to time, the Commission may reject its application. (4) Without prejudice to sub-regulation (1), the Commission may subject the applicant to further restrictions or conditions, as it may deem fit, after considering the facts and circumstances of the case. (5) Where an applicant or its authorized representative fails to comply with the conditions mentioned in sub-regulatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . (9) The discretion of the Commission, in regard to reduction in monetary penalty under these regulations, shall be exercised having due regard to (a) the stage at which the applicant comes forward with the disclosure; (b) the evidence already in possession of the Commission; (c) the quality of the information provided by the applicant; (d) fulfilment of conditions specified in sub-regulation (1) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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