The Competition (Amendment etc.) (EU Exit) Regulations 2019

30.—(1) Schedule 8A(1) is amended as follows.

(2) In paragraph 2(1)—

(a) at the end of paragraph (a), insert “and”;

(b) omit paragraphs (c) and (d).

(3) In paragraph 3—

(a) in sub-paragraph (1)—

(i) at the end of paragraph (a), insert “and”;

(ii) omit paragraphs (c) and (d);

(b) omit sub-paragraph (2);

(c) in sub-paragraph (4)—

(i) for “Subsections (3) and (4) of section 58A apply” substitute “Section 58A(3) applies”;

(ii) for “the CMA, a regulator or the Commission” substitute “the CMA or a regulator”;

(d) omit sub-paragraphs (5) and (6).

(4) In paragraph 12—

(a) in sub-paragraph (5), at the end insert “(“the SME Annex”), subject to sub-paragraph (6)”;

(b) after sub-paragraph (5), insert—

“(6) For the purposes of this paragraph, the SME Annex has effect as if—

(a) in Article 2(1), for “EUR 50 million and/or an annual balance sheet total not exceeding EUR 43 million” there were substituted “£44,000,000 and/or an annual balance sheet total not exceeding £38,000,000”;

(b) in Article 2(2), for “EUR 10 million” there were substituted “£8,800,000”;

(c) in Article 2(3), for “EUR 2 million” there were substituted “£1,750,000”;

(d) in Article 3(2)(a), for “EUR 1 250 000” there were substituted “£1,100,000”;

(e) in Article 3(2)(d), for “EUR 10 million” there were substituted “£8,800,000”;

(f) in Article 3(5), for “by national or Community rules” there were substituted “under the law of the United Kingdom (or any part of it)”;

(g) in Article 5(b), for “national law” there were substituted “the law of the United Kingdom (or any part of it)”.”.

(5) In paragraph 14(1)(a), omit “or the prohibition in Article 101(1)”.

(6) Omit paragraph 35 (and the italic heading before it).

(1)

Schedule 8A was inserted by S.I. 2017/385.