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1. This Order may be cited as the Merger References (Increase in Value of Assets) Order 1994 and shall come into operation on 9th February 1994.
2. In section 64(1) of the Fair Trading Act 1973 (circumstances in which a merger reference may be made), in paragraph (b) (value of assets taken over), for the sum of £30 million, there is hereby substituted the sum of £70 million:
Provided that this variation shall not have effect in relation to any merger reference which was made to the Monopolies and Mergers Commission before the coming into operation of this Order.
Neil Hamilton
Parliamentary Under Secretary of State
Department of Trade and Industry
11th January 1994
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