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Part 1The Office of Fair Trading

General functions of OFT

5Acquisition of information etc.

(1)The OFT has the function of obtaining, compiling and keeping under review information about matters relating to the carrying out of its functions.

(2)That function is to be carried out with a view to (among other things) ensuring that the OFT has sufficient information to take informed decisions and to carry out its other functions effectively.

(3)In carrying out that function the OFT may carry out, commission or support (financially or otherwise) research.