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Financial Services (Banking Reform) Act 2013

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This is the original version (as it was originally enacted).

Consideration and determination of appeal by group

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6(1)A group constituted by the chair of the CMA under Schedule 4 to the Enterprise and Regulatory Reform Act 2013 for the purpose of carrying out functions of the CMA with respect to an appeal must consist of three members of the CMA panel.

(2)A decision of the group is effective if, and only if—

(a)all the members of the group are present when it is made, and

(b)at least two members of the group are in favour of the decision.

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