- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (06/04/2013)
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Competition Act 1998
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Rhagor o Adnoddau
Changes over time for: Section 31A
Version Superseded: 01/04/2014
Alternative versions:
- 01/05/2004- Amendment
- 06/04/2013
Point in time - 01/04/2014- Amendment
- 01/01/2025- Amendment
Status:
Point in time view as at 06/04/2013. This version of this provision has been superseded.
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Competition Act 1998, Section 31A is up to date with all changes known to be in force on or before 20 January 2025. 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.
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[F131ACommitmentsU.K.
(1)Subsection (2) applies in a case where the OFT has begun an investigation under section 25 but has not made a decision (within the meaning given by section 31(2)).
(2)For the purposes of addressing the competition concerns it has identified, the OFT may accept from such person (or persons) concerned as it considers appropriate commitments to take such action (or refrain from taking such action) as it considers appropriate.
(3)At any time when commitments are in force the OFT may accept from the person (or persons) who gave the commitments—
(a)a variation of them if it is satisfied that the commitments as varied will address its current competition concerns;
(b)commitments in substitution for them if it is satisfied that the new commitments will address its current competition concerns.
(4)Commitments under this section—
(a)shall come into force when accepted; and
(b)may be released by the OFT where—
(i)it is requested to do so by the person (or persons) who gave the commitments; or
(ii)it has reasonable grounds for believing that the competition concerns referred to in subsection (2) or (3) no longer arise.
(5)The provisions of Schedule 6A to this Act shall have effect with respect to procedural requirements for the acceptance, variation and release of commitments under this section.]
Textual Amendments
F1Ss. 31A-31E inserted (1.5.2004) by The Competition Act 1998 and Other Enactments (Amendment) Regulations 2004 (S.I. 2004/1261), reg. 1(a), Sch. 1 para. 18
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