(1)Section 131B of EA 2002 (market studies and the making of decisions to refer: time limits) is amended as follows.
(2)In the heading, after “time-limits” insert “etc”.
(3)In subsection (7), for “This section is” substitute “Subsections (4) to (6) are”.
(4)After subsection (7) insert—
“(8)Where the CMA—
(a)has published a market study notice, and
(b)has decided not to make a reference under section 131 in relation to the matter specified in the notice,
the CMA may subsequently make a reference under section 131 in relation to the matter (without first publishing a market study notice in relation to the matter) only where subsection (9) applies.
(9)This subsection applies where—
(a)the reference under section 131 is made two years or more after the publication of the market study report in relation to the market study notice, or
(b)there has been a material change in circumstances since the preparation of the report.”
Commencement Information
I1S. 135 not in force at Royal Assent, see s. 339(1)
I2S. 135 in force at 1.1.2025 by S.I. 2024/1226, regs. 1(2), 2(1)(2) (with Sch. paras. 7, 20)