(1)The Secretary of State may by regulations make provision about the duty to report a reportable event.
(2)The Secretary of State must consult the CMA before making regulations under subsection (1).
(3)Regulations under subsection (1) may (among other things) make provision—
(a)varying, adding or removing circumstances in which the duty to make a report applies;
(b)varying the period in section 62(1);
(c)varying the waiting period in section 63;
(d)about exemptions from the duty to make a report;
(e)varying, adding or removing circumstances in which one person may act on behalf of another under section 65;
(f)modifying how section 332 applies for the purposes of this Chapter or Schedule 2;
(g)conferring functions on the CMA in relation to the duty to report, including power to make provision by notice or general or specific directions about a matter mentioned in paragraph (d);
(h)amending this Chapter or Schedule 2.
(4)Regulations under subsection (1) that contain provision made in reliance on any of paragraphs (a), (b), (c), (d), (e) or (h) of subsection (3), whether alone or with other provision, are subject to the affirmative procedure.
(5)Any other regulations under subsection (1) are subject to the negative procedure.
Commencement Information
I1S. 67 in force at Royal Assent for specified purposes, see s. 339(2)(c)
I2S. 67 in force at 1.1.2025 in so far as not already in force by S.I. 2024/1226, regs. 1(2), 2(1)(2)