PART 1

GENERAL

Interpretation
2
In this Order—
a
“the Act” means the Enterprise Act 2002;
b
“applicable turnover” means the turnover of an enterprise in the preceding business year, or in a case to which article 11(4) applies, in the period referred to in that article, determined in accordance with the Schedule to this Order; and where a business year or a period under article 11(4) does not equal 12 months the applicable turnover shall be the amount which bears the same proportion to the applicable turnover during that business year as 12 months does to that period;
c
“business year” means a period of more than six months in respect of which an enterprise or, if applicable, the business of which it forms part, prepares or is required to prepare accounts; ...
d
“merger reference” means a reference by the CMA to its chair under section
22, 33, 68B or 68C
of the Act or section 32 of the Water Industry Act 1991, or a reference by the Secretary of State to the chair of the CMA under section 45 of the Act; and
e
“water enterprise” means an enterprise carried on by a water undertaker or sewerage undertaker.
Art. 2 in force at 20.6.2003, see art. 1
Art. 2(e) inserted (29.12.2004) by The Enterprise Act 2002 (Merger Fees and Determination of Turnover) (Amendment) Order 2004 (S.I. 2004/3204), arts. 1, 2(2)(c)
Word in art. 2(c) ceases to have effect (29.12.2004) by virtue of The Enterprise Act 2002 (Merger Fees and Determination of Turnover) (Amendment) Order 2004 (S.I. 2004/3204), arts. 1, 2(2)(a)
Art. 2(d) substituted (1.4.2014) by The Enterprise Act 2002 (Merger Fees and Determination of Turnover) (Amendment) Order 2014 (S.I. 2014/534), arts. 1, 3 (with art. 12)
Words in art. 2(d) substituted (6.12.2023) by The Enterprise Act 2002 (Merger Fees and Determination of Turnover) (Amendment) and Energy Network Mergers (Consequential Amendments) Order 2023 (S.I. 2023/1185), arts. 1(2), 3