SCHEDULES

SCHEDULE 24Transitional and transitory provisions and savings

4First annual plan of the OFT

1

The OFT’s first annual plan (as required by section 3(1)) shall be published within the period of three months beginning with the day on which it is established.

2

Subject to sub-paragraph (3), that annual plan shall relate to the period beginning with the date of publication and ending with the next 31st March.

3

If the period mentioned in sub-paragraph (2) is three months or less, that annual plan shall relate to the period beginning with the date of publication and ending with the 31st March in the following year.