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Financial Services (Banking Reform) Act 2013
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- Deddfau Cyhoeddus Cyffredinol y Deyrnas Unedig
- 2013 c. 33
- SCHEDULE 5
- Time limits for determining...
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- Dangos Graddfa Ddaearyddol(e.e. Lloegr, Cymru, Yr Alban aca Gogledd Iwerddon)
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Point in time view as at 09/12/2019.
Changes to legislation:
Financial Services (Banking Reform) Act 2013, Cross Heading: Time limits for determining appeal is up to date with all changes known to be in force on or before 18 November 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.
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Time limits for determining appealU.K.
7(1)The CMA must determine an appeal within the period of 6 months beginning with the permission date.U.K.
(2)If—
(a)the CMA has received representations on the timing of the determination from a party to the appeal, and
(b)it is satisfied that there are special reasons why the determination cannot be made within the period specified in sub-paragraph (1),
the CMA must determine the appeal within the period specified by it, which must not be longer than the period of 7 months beginning with the permission date.
(3)In a case where sub-paragraph (2) applies, the CMA must also—
(a)inform the parties to the appeal of the time limit for determining the appeal, and
(b)publish that time limit in such manner as it considers appropriate for the purpose of bringing it to the attention of any other persons likely to be affected by the determination.
(4)In this paragraph the “permission date” is the date on which the CMA gave permission to bring the appeal in accordance with section 76(8).
Commencement Information
I1Sch. 5 para. 7 in force at 1.3.2014 by S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1
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