Modifications etc. (not altering text)
C1Pt. V (ss. 57–77) restricted (E.W.) by Water Act 1989 (c. 15, SIF 130), s. 30(4)
C2Pt. V (ss. 57–77) applied (E.W.) by Water Act 1989 (c. 15, SIF 130), ss. 29(9)(b), 30(6)
C3Pt. V (ss. 57-77) restricted (E.W.) (01.12.1991) by Water Industry Act 1991 (c. 56, SIF 130), ss. 34(4), 223(2) (with ss. 82(3), 186(1), 188, 222(1), Sch. 14 para. 6).
C4Pt. V (ss. 57-77 ) applied (E.W.) (01.12.1991) by Water Industry Act 1991 (c. 56, SIF 130), ss. 35(2), 223(2) (with ss. 82(3), 186(1), 188, 222(1), Sch. 14 para. 6).
(1)A report of the Commission on a newspaper merger reference shall be made before the end of [F1such period (not being longer than three months beginning with the date of the reference) as may be specified in the] reference or of such further period (if any) as the Secretary of State may allow for the purpose in accordance with the next following subsection.
(2)The Secretary of State shall not allow any further period for a report on such a reference except on representations made by the Commission and on being satisfied that there are special reasons why the report cannot be made within the [F2period specified in the newspaper merger reference]; and the Secretary of State shall allow only one such further period on any one reference, and no such further period shall be longer than three months.
(3)If on such a reference the Commission have not made their report before the end of the period specified in [F3the newspaper merger reference] or of any further period allowed under subsection (2) of this section, the Secretary of State may, without waiting for the report, give his consent to the transfer to which the reference relates.
Textual Amendments
F1Words substituted by Companies Act 1989 (c. 40, SIF 27), s. 153, Sch. 20 para. 2(1)(a)(2)
F2Words substituted by Companies Act 1989 (c. 40, SIF 27), s. 153, Sch. 20 para. 2(1)(b)(2)
F3Words substituted by Companies Act 1989 (c. 40, SIF 27), s. 153, Sch. 20 para. 2(1)(c)(2)