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Fair Trading Act 1973
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Changes over time for: Section 70
Version Superseded: 01/12/1991
Alternative versions:
- 01/02/1991- Amendment
- 01/02/1991
Point in time - 01/12/1991- Amendment
- 20/06/2003- Amendment
- 29/12/2004- Amendment
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Point in time view as at 01/02/1991. This version of this provision has been superseded.
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70 Time-limit for report on merger reference. U.K.
(1)Every merger reference shall specify a period (not being longer than six months beginning with the date of the reference) within which a report on the reference is to be made; and a report of the Commission on a merger reference shall not have effect, and no action shall be taken in relation to it under this Act, unless the report is made before the end of that period or of such further period (if any) as may be allowed by the Secretary of State in accordance with the next following subsection.
(2)The Secretary of State shall not allow any further period for a report on a merger 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 period specified in the 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.
Modifications etc. (not altering text)
C1S. 70 extended (4.4.1980) by Competition Act 1980 (c. 21), s.11(9) and extended ibid., ss. 7(6), 33(5)
C2S.70 applied with modifications by Telecommunications Act 1984 (c. 12, SIF 96), s. 13(9)
C3S.70 applied with modifications (E.W.S.) by Airports Act 1986 (c. 31, SIF 9), s. 44(3)
C4S.70 applied with modifications (E.W.S.) by Gas Act 1986 (c. 44, SIF 44:2), ss. 24(7), 48(3)(4)
C5S.70 applied with modifications (E.W.) by Water Act 1989 (c. 15, SIF 130), s. 16(7)
C6S.70 applied with modifications (E.W.S.) by Electricity Act 1989 (c. 29, SIF 44:1) s. 12(8)
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