38(1)Each CMA group is to consist of at least three members of the CMA panel.U.K.
(2)Subject to sub-paragraphs (3) to (6), those members are to be such persons as the chair may select.
(3)In the case of a newspaper merger reference group—
(a)the group must include at least one newspaper panel member;
(b)the members of the group (if any) who are not newspaper panel members must be reporting panel members.
(4)In the case of a specialist communications reference group, the group must include at least one, but not more than three, of the specialist communications panel members.
(5)In the case of a specialist utility group, the group must include at least one of the specialist utility panel members.
[F1(5A)In the case of a specialist payment systems group, the group must include at least one payment systems member. ]
(6)A newspaper panel member is not to be selected as a member of a CMA group that is not a newspaper merger reference group.
(7)The chair may at any time appoint a reporting panel member to be an additional member of a CMA group.
(8)The chair must appoint one of the members of a CMA group to chair the group (the “group chair”).
Textual Amendments
F1Sch. 4 para. 38(5A) inserted (1.3.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), s. 148(5), Sch. 5 para. 2(3); S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1
Commencement Information
I1Sch. 4 para. 38 in force at 1.4.2014 by S.I. 2014/416, art. 2(1)(c) (with Sch.)