SCHEDULES

SCHEDULE 13 Transitional Provisions and Savings

Part VI The Competition Act 1980

Undertakings

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1

Subject to sub-paragraph (2), an undertaking accepted by the Director under section 4 or 9 of the M1Competition Act 1980 ceases to have effect on the coming into force of the repeal by this Act of that section.

2

If the undertaking relates to an agreement which on the starting date is the subject of continuing proceedings, the undertaking continues to have effect for the purposes of section 29 of the Competition Act 1980 until the proceedings are determined.

Application of sections 25 and 26

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The repeals made by section 1 do not affect—

a

the operation of section 25 of the Competition Act 1980 in relation to an application under section 1(3) of the RTPA which is made before the starting date;

b

an application under section 26 of the Competition Act 1980 which is made before the starting date.