The Fijian Competition and Consumer Commission is set to become financially independent.
The Fijian Competition and Consumer Commission (Budget Amendment) Bill 2025 was introduced in Parliament yesterday that will change the governance model by promoting financial independence of FCCC.
Previously FCCC required fees, salaries, wages, allowances, and other expenditures to be funded through parliamentary appropriations.
By removing this provision, the amendment will allow the FCCC to operate independently of government funding, relying instead on its own revenue streams.
The Bill amends section 23A(1) to broaden the scope of how the Commission can utilise fees it collects.
The revised provision removes the limitation that fees cover only operating costs, enabling the FCCC to allocate funds across all its functions and activities.
This change ensures greater flexibility and consistency with the goal of financial self-sufficiency, empowering the Commission to fulfill its mandate more effectively.
