77. Exemption of existing agreements

Notwithstanding anything to the contrary contained in the preceding provisions of this Act, the provisions of this

Act relating to anti-competitive practices, shall not apply to the supply of goods or services by any person who is supplying such goods or services under an agreement entered into with the government and which is in force on the date of commencement of this Act, during the period of its validity as specified in that agreement as on such date of commencement.

Leave or absence of members.

Term of office of members.

Vacation of office by death resignation or removal.