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The Competition Act 1998 and Other Enactments (Amendment) Regulations 2004
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This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Competition Act 1998 and Other Enactments (Amendment) Regulations 2004 No. 1261
23.—(1) Section 38 (the appropriate level of penalty) is amended as follows.
(2) After subsection (1) there is inserted—
“(1A) The guidance must include provision about the circumstances in which, in determining a penalty under this Part, the OFT may take into account effects in another Member State of the agreement or conduct concerned.”.
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