SCHEDULES

SCHEDULE 5Amendments related to Part 3

PART 2Transfer of functions under the 2002 Act to the CMA

Part 3

67(1)Section 22 (duty to make references in relation to completed mergers) is amended as follows.

(2)In subsection (1), for the words before paragraph (a) substitute “The CMA shall, subject to subsections (2) and (3), make a reference to its chair for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform Act 2013 if the CMA believes that it is or may be the case that—”.

(3)In subsection (2)—

(a)in the words before paragraph (a), for “OFT” substitute “CMA”, and

(b)in paragraph (a), omit “to the Commission”.

(4)In subsections (3) and (3A), for “OFT” (in each place where it occurs) substitute “CMA”.

(5)In subsection (7)—

(a)in paragraph (a), for “the OFT or (as the case may be) the Commission” substitute “the CMA”, and

(b)in paragraph (b), for “the OFT, the Commission” substitute “the CMA”.