xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULES

SCHEDULE 5U.K.Amendments related to Part 3

PART 2 U.K.Transfer of functions under the 2002 Act to the CMA

Part 3U.K.

138(1)Section 106 (advice and information about references under sections 22 and 33) is amended as follows.U.K.

(2)In subsection (1)—

(a)omit “As soon as reasonably practicable after the passing of this Act,”,

(b)for “the OFT” substitute “ The CMA ”, and

(c)for the words from “the making” to the end of the subsection substitute

(a)the making and consideration by it of references under section 22 or 33, and

(b)the way in which relevant customer benefits may affect the taking of enforcement action in relation to such references.

(3)In subsection (2), for “OFT” substitute “ CMA ”.

(4)Omit subsections (3) and (4).

(5)In subsection (5), in paragraph (b), for “OFT or (as the case may be) the Commission” substitute “ CMA ”.

(6)In subsection (6)—

(a)omit “or (3)”, and

(b)for “OFT or (as the case may be) the Commission” substitute “ CMA ”.

(7)In subsection (7)—

(a)for “OFT or the Commission” substitute “ CMA ”, and

(b)for “OFT or (as the case may be) the Commission” substitute “ CMA ”.

(8)In subsection (8), for “OFT shall consult the Commission and such other persons” substitute “ CMA shall consult such persons ”.

(9)Omit subsection (9).

Commencement Information

I1Sch. 5 para. 138 in force at 1.4.2014 by S.I. 2014/416, art. 2(1)(d) (with Sch.)