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SCHEDULES

SCHEDULE 10E+W+S+N.I.Markets: public interest interventions

11(1)Section 144 (time-limits for investigations and reports in public interest cases) is amended as follows.E+W+S+N.I.

(2)In subsection (1)—

(a)for “the date of the reference” substitute “ the relevant date ”, and

(b)for the words from “publish it” to the end substitute “ publish it under section 143(1) or 143A(2) or (as the case may be) give it to the Secretary of State in accordance with section 143(3) or 143A(3). ”

(3)After subsection (1) insert—

(1A)For the purposes of subsection (1), the “relevant date” is—

(a)in the case of a report in relation to a restricted PI reference or to a full PI reference which specifies that the Secretary of State does not propose to appoint a public interest expert, the date of the reference;

(b)in the case of a report in relation to a full PI reference which specifies that the Secretary of State proposes to appoint a public interest expert, the earliest of the following—

(i)the date of the appointment of the expert;

(ii)the date on which the Secretary of State gives notice to the CMA that the Secretary of State no longer intends to appoint such an expert;

(iii)the end of the period of 2 months beginning with the date of the reference.

(4)In subsection (4), after “143(1) or (3)” insert “ or (as the case may be) 143A(2) or (3) ”.

Annotations:

Commencement Information

I1Sch. 10 para. 11 in force at 1.4.2014 by S.I. 2014/416, art. 2(1)(d) (with Sch.)