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Digital Markets, Competition and Consumers Act 2024

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Changes over time for: Section 11

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Point in time view as at 24/05/2024. This version of this provision is prospective. Help about Status

Changes to legislation:

Digital Markets, Competition and Consumers Act 2024, Section 11 is up to date with all changes known to be in force on or before 06 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Prospective

11Procedure relating to SMS investigationsU.K.
This section has no associated Explanatory Notes

(1)When the CMA begins an SMS investigation it must give the undertaking to which the investigation relates a notice (an “SMS investigation notice”).

(2)The SMS investigation notice must state—

(a)in the case of an initial SMS investigation—

(i)the reasonable grounds mentioned in section 9(1);

(ii)that the CMA may close the investigation in accordance with section 12;

(b)the purpose and scope of the SMS investigation;

(c)the period by the end of which the CMA must give the undertaking a notice setting out its decisions as a result of the investigation (see section 14(2));

(d)the circumstances in which that period may be extended (see section 104).

(3)The statement of the purpose and scope of the investigation must include a description of the undertaking and digital activities to which the investigation relates.

(4)The CMA must give the undertaking one or more revised versions of the SMS investigation notice if it changes its view of the purpose and scope of the investigation.

(5)As soon as reasonably practicable after giving an SMS investigation notice or a revised version of an SMS investigation notice, the CMA must—

(a)publish the notice, and

(b)give a copy of the notice to the FCA, OFCOM, the Information Commissioner, the Bank of England and the PRA.

Commencement Information

I1S. 11 not in force at Royal Assent, see s. 339(1)

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