Bill C-349
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2nd Session, 36th Parliament, 48 Elizabeth II, 1999
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The House of Commons of Canada
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BILL C-349 |
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An Act to amend the Competition Act
(vertically integrated gasoline suppliers)
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R.S., c. C-34;
R.S., c. 27 (1st
Supp.), c. 19
(2nd Supp.),
c. 34 (3rd
Supp.), cc. 1,
10 (4th
Supp.); 1990,
c. 37; 1991,
cc. 45, 46, 47;
1992, cc. 1,
14; 1993, c.
34; 1995, c. 1;
1999, cc. 2,
28, 31
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1. The Competition Act is amended by
adding the following after section 45.1:
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Vertically
integrated
gasoline
suppliers
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45.2 (1) In this section ``vertically
integrated gasoline supplier'' means a
corporation that supplies gasoline at retail
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Undue
lessening of
competition
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(2) A supplier who is a vertically integrated
gasoline supplier is deemed to lessen, unduly,
competition in the supply of gasoline for the
purposes of this Act.
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Offence
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(3) Every one who operates as a vertically
integrated gasoline supplier is guilty of an
indictable offence and liable to imprisonment
for a term not exceeding five years or to a fine
not exceeding ten million dollars or to both.
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Effective date
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(4) Subsection (3) applies from January 1,
2001.
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