PART 4CMA: referrals and functions
CHAPTER 1Functions on referrals of subsidies and schemes
Mandatory and voluntary referrals: contents of CMA report
I1I259CMA report following mandatory or voluntary referral
1
The CMA’s report under section 53 or 57 must include an evaluation of the public authority’s assessment under section 52(2)(d) or 56(2)(d).
2
The evaluation must take into account any effects of the proposed subsidy or scheme on competition or investment within the United Kingdom.
3
The report may also include—
a
advice about how the public authority’s assessment under section 52(2)(d) or 56(2)(d) might be improved, and
b
advice about how the proposed subsidy or scheme may be modified to ensure compliance with the requirements of Chapters 1 and 2 of Part 2.
4
The Secretary of State may by regulations—
a
amend subsection (1), (2) or (3) to make provision about the content of the CMA’s report;
b
make provision as to the form of the report.
5
Regulations under subsection (4)(a) are subject to the affirmative procedure.
6
Regulations under subsection (4)(b) are subject to the negative procedure.