It comes top in new contests (12)
I believe the answer is:
competitions
'contests' is the definition.
(I know this)
'it comes top in new' is the wordplay.
'new' indicates anagramming the letters.
'it'+'comes'+'top'+'in'='itcomestopin'
'itcomestopin' is an anagram of 'COMPETITIONS'.
I've seen this clue in The Globe and Mail.
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