SCHEDULES

SCHEDULE 12Procedure on references under section 120

Functions of F1CMA in relation to reference

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F2(1)

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(2)

A group F3constituted by the chair of the CMA under Schedule 4 to the Enterprise and Regulatory Reform Act 2013 for the purpose of carrying out functions of the CMA with respect to a reference under section 120 must consist of three members of the F4CMA panel.

F5(3)

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F5(4)

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F5(5)

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F5(6)

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(7)

A decision of F6the group is effective only if—

(a)

all the members of the group are present when it is made, and

(b)

at least two members of the group are in favour of it.