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SCHEDULES

SCHEDULE 4U.K. Section 12: Sectoral Regulators and Transition

Extent Information

E1Sch. 4: certain amendments are co-extensive with the enactments they affect see s. 40.

TransitionU.K.

5(1)Where, immediately before the relevant day, an investigation under section 3 of M1 the Competition Act 1980 has commenced and is being proceeded with, that Act shall, so far as concerns—U.K.

(a)further proceeding with the investigation,

(b)publishing, after completion of the investigation, such a report as is mentioned in subsection (10) of that section, and

(c)taking action in consequence of the report,

have effect as if this Act had not been passed.

(2)For the purposes of this paragraph, an investigation under section 3 of the Competition Act 1980 shall be taken to have commenced once the authority by whom it is to be carried out has performed the duties which subsection (2) of that section requires him to perform before carrying out the investigation.

Marginal Citations

6U.K.Where, immediately before the relevant day, an investigation has been completed, but no such report as is mentioned in section 3(10) of the Competition Act 1980 has yet been published, that Act shall, so far as concerns—

(a)publishing such a report, and

(b)taking action in consequence of it,

have effect as if this Act had not been passed.

7U.K.Where, immediately before the relevant day, the authority by whom an investigation under section 3 of the Competition Act 1980 has been carried out is considering what action to take in consequence of a report published under subsection (10) of that section, that Act shall, so far as concerns taking action in consequence of the report, have effect as if this Act had not been passed.

8U.K.In paragraphs 5 to 7 above, “relevant day” means the day on which section 12 above comes into force.