Enterprise Act 2002

[F1131ADecisions about references under section 131: consultationU.K.
This section has no associated Explanatory Notes

(1)This section applies to a case where the CMA has published a market study notice and—

(a)the CMA is proposing to make a reference under section 131 in relation to the matter specified in the notice; or

(b)a representation has been made to the CMA within the period specified in the notice under section 130A(3)(b) to the effect that such a reference should be made but the CMA is proposing not to make such a reference.

(2)The CMA shall—

(a)publish notice of the proposal concerned; and

(b)consult the relevant persons about the proposal, in such manner as it considers practicable, before deciding whether to make a reference.

(3)The CMA may, for the purposes of subsection (1), ignore any representation which it considers to be frivolous or vexatious.

(4)For the purposes of subsection (2), a person is a “relevant person” if the CMA considers that its decision whether to make a reference is likely to have a substantial impact on the person's interests.

(5)In consulting a person for the purposes of this section, the CMA shall, so far as practicable, give its reasons for the proposal.

(6)In considering what is practicable for the purposes of this section, the CMA shall, in particular, have regard to—

(a)the restrictions imposed by the time-table for making the decision (see section 131B); and

(b)any need to keep what is proposed, or the reasons for it, confidential.]

Textual Amendments

F1Ss. 131A-131C inserted (25.4.2013 for specified purposes, 1.4.2014 in so far as not already in force) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(1)(i)(3), Sch. 12 para. 2; S.I. 2014/416, art. 2(1)(d) (with Sch.)

Modifications etc. (not altering text)

C5Pt. 4 certain functions made exercisable concurrently (1.4.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), s. 59(1)-(5), 148(5); S.I. 2014/823, art.