Part I Competition

Chapter I Agreements

Exemptions

8 Block exemptions: procedure.

(1)

Before making a recommendation under section 6(1), the F1CMA must—

(a)

publish details of F2its proposed recommendation in such a way as F2it thinks most suitable for bringing it to the attention of those likely to be affected; and

(b)

consider any representations about it which are made to F2it.

(2)

If the Secretary of State proposes to give effect to such a recommendation subject to modifications, he must inform the F1CMA of the proposed modifications and take into account any comments made by the F1CMA .

(3)

If, in the opinion of the F1CMA , it is appropriate to vary or revoke a block exemption order F3it may make a recommendation to that effect to the Secretary of State.

(4)

Subsection (1) also applies to any proposed recommendation under subsection (3).

(5)

Before exercising F2its power to vary or revoke a block exemption order (in a case where there has been no recommendation under subsection (3)), the Secretary of State must—

(a)

inform the F4CMA of the proposed variation or revocation; and

(b)

take into account any comments made by the F4CMA .

(6)

A block exemption order may provide for a block exemption to have effect from a date earlier than that on which the order is made.