http://www.legislation.gov.uk/ukpga/2000/8/section/95/2012-07-01Financial Services and Markets Act 2000An Act to make provision about the regulation of financial services and markets; to provide for the transfer of certain statutory functions relating to building societies, friendly societies, industrial and provident societies and certain other mutual societies; and for connected purposes.2000-06-15texttext/xmlenStatute Law Database2026-05-30Expert Participation2012-07-01 Part VI Official Listing Competition Competition scrutiny.951The Treasury may by order provide for—aregulating provisions, andbthe practices of the competent authority in exercising its functions under this Part (“practices”),to be kept under review.2Provision made as a result of subsection (1) must require the person responsible for keeping regulating provisions and practices under review to consider—awhether any regulating provision or practice has a significantly adverse effect on competition; orbwhether two or more regulating provisions or practices taken together have, or a particular combination of regulating provisions and practices has, such an effect.3An order under this section may include provision corresponding to that made by any provision of Chapter III of Part X.4Subsection (3) is not to be read as in any way restricting the power conferred by subsection (1).5Subsections (6) to (8) apply for the purposes of provision made by or under this section.6Regulating provisions or practices have a significantly adverse effect on competition if—athey have, or are intended or likely to have, that effect; orbthe effect that they have, or are intended or likely to have, is to require or encourage behaviour which has, or is intended or likely to have, a significantly adverse effect on competition.7If regulating provisions or practices have, or are intended or likely to have, the effect of requiring or encouraging exploitation of the strength of a market position they are to be taken to have, or be intended or be likely to have, an adverse effect on competition.8In determining whether any of the regulating provisions or practices have, or are intended or likely to have, a particular effect, it may be assumed that the persons to whom the provisions concerned are addressed will act in accordance with them.9“Regulating provisions” means—aPart 6 rulesbgeneral guidance given by the competent authority in connection with its functions under this Part.Words in s. 95(9)(a) substituted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 5Pt. 6 (ss. 72-103) applied (with modifications) (1.12.2001) by S.I. 1995/1537, Sch. 4 (as amended (1.12.2001) by S.I. 2001/3649, arts. 1, 511)