[F119A(1)The provisions of this section shall have effect where a report made by the Monopolies and Mergers Commission under section 54 of the Fair Trading Act 1973 [F2or section 8 or 11 of the Competition Act 1980], as laid before Parliament, contains conclusions to the effect—
(a)that certain matters indicated in the report operate, or may be expected to operate, against the public interest, and
(b)that those matters consist of or include any provision of a scheme or any act or omission of a board administering a scheme.
(2)In the circumstances mentioned in subsection (1) of this section, the Minister shall have the like power to make orders under section 19 of this Act as if those conclusions of the Monopolies and Mergers Commission—
(a)had been to the effect that the provision of the scheme in question, or the act or omission of the board to which those conclusions relate, were contrary to the interests of consumers of the regulated product, and
(b)had been contained in a report of a committee of investigation.]
Textual Amendments
F1S. 19A inserted by Fair Trading Act 1973 (c.41, SIF 124:1), s. 127
F2Words inserted by Competition Act 1980 (c. 21, SIF 124:1), s. 15(1)
Modifications etc. (not altering text)
C1S. 19A modified by Fair Trading Act 1973 (c. 41, SIF 124:1), s. 4(4), Sch. 3 para. 16(2)
C2S. 19A modified (prosp.) by 1998 c. 41, s. 45(7), Sch. 7 Pt. II para. 20(2)(b) (with s. 73).