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SCHEDULE 1TRANSFER OF FUNCTIONS OF OFT AND COMPETITION COMMISSION TO CMA AND AMENDMENTS CONSEQUENTIAL ON PARTS 3 AND 4 OF THE ACT

PART 2Amendments to other Acts of Parliament

Financial Services and Markets Act 2000

126.—(1) Section 140F (duty of Competition Commission to send report to regulator) is amended as follows.

(2) In subsection (1)—

(a)for “Competition Commission” substitute “CMA”, and

(b)for “Commission” substitute “CMA”.

(3) In the heading, for “Competition Commission” substitute “CMA”.