Section 105 — Competition Act: Consent agreement

The Commissioner and a person in respect of whom the Commissioner has applied or may apply for an order under this Part, other than an interim order under section 103.3, may sign a consent agreement. The consent agreement shall be based on terms that could be the subject of an order of the Tribunal against that person. The consent agreement may be filed with the Tribunal for immediate registration. Upon registration of the consent agreement, the proceedings, if any, are terminated, and the consent agreement has the same force and effect, and proceedings may be taken, as if it were an order of the Tribunal.