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Enterprise Act 2002

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This is the original version (as it was originally enacted).

137Time-limits for market investigations and reports
This section has no associated Explanatory Notes

(1)The Commission shall prepare and publish its report under section 136 within the period of two years beginning with the date of the market investigation reference concerned.

(2)Subsection (1) is subject to section 151(3) and (5).

(3)The Secretary of State may by order amend subsection (1) so as to alter the period of two years mentioned in that subsection or any period for the time being mentioned in that subsection in substitution for that period.

(4)No alteration shall be made by virtue of subsection (3) which results in the period for the time being mentioned in subsection (1) exceeding two years.

(5)An order under subsection (3) shall not affect any period of time within which the Commission is under a duty to prepare and publish its report under section 136 in relation to a market investigation reference if the Commission is already under that duty in relation to that reference when the order is made.

(6)Before making an order under subsection (3) the Secretary of State shall consult the Commission and such other persons as he considers appropriate.

(7)References in this Part to the date of a market investigation reference shall be construed as references to the date specified in the reference as the date on which it is made.

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