Part II APPOINTMENTMENT AND REGULATION OF UNDERTAKERS

CHAPTER III PROTECTION OF CUSTOMERS ETC..

Provisions with respect to competition

33CF1Statement of methods

1

The Authority must prepare and keep under review a statement of the methods to be applied in forming an opinion on the matters in section 33B(1).

2

The statement must in particular set out—

a

the criteria to be used for assessing the effect of any particular water enterprise ceasing to be a distinct enterprise on the Authority's ability, in carrying out its functions by virtue of this Act, to make comparisons between water enterprises;

b

the relative weight to be given to the criteria.

3

Before preparing or altering the statement, the Authority must consult—

a

the Secretary of State,

b

the Welsh Ministers,

c

the CMA, and

d

relevant undertakers.

4

The Authority must from time to time publish the statement as it has effect for the time being.