(1)In preparing rules the CMA must consult such persons as the CMA considers appropriate.
(2)The CMA may not bring a rule into operation until the rule has been approved by regulations made by the Secretary of State.
(3)The Secretary of State may approve a rule—
(a)in the form in which it is submitted, or
(b)subject to whatever modifications the Secretary of State considers appropriate.
(4)Where the Secretary of State proposes to approve a rule subject to modifications, the Secretary of State must—
(a)inform the CMA of the proposed modifications, and
(b)take into account any comments made by the CMA about the proposed modifications.
(5)The Secretary of State may by regulations—
(a)vary or revoke rules, or
(b)direct the CMA to vary or revoke rules in accordance with the direction.
(6)Subsections (2) to (4) apply to any variation of rules made by the CMA, except where acting under a direction given under subsection (5)(b).
(7)Regulations under this section are subject to the negative procedure.
Commencement Information
I1S. 211 in force at Royal Assent for specified purposes, see s. 339(2)(c)
I2S. 211 in force at 6.4.2025 in so far as not already in force by S.I. 2025/272, reg. 2(1)(2)