Search Legislation

Competition Act 1998

 Help about what version

What Version

 Help about advanced features

Advanced Features

Status:

Point in time view as at 01/05/2004.

Changes to legislation:

Competition Act 1998, PART 1 is up to date with all changes known to be in force on or before 17 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Close

Changes to Legislation

Changes and effects yet to be applied by the editorial team are only applicable when viewing the latest version or prospective version of legislation. They are therefore not accessible when viewing legislation as at a specific point in time. To view the ‘Changes to Legislation’ information for this provision return to the latest version view using the options provided in the ‘What Version’ box above.

[F1PART 1U.K.PROCEDURAL REQUIREMENTS FOR THE ACCEPTANCE AND VARIATION OF COMMITMENTS

1.U.K.Paragraph 2 applies where the OFT proposes to—

(a)accept any commitments under section 31A; or

(b)accept any variation of such commitments other than a variation which is not material in any respect.

2.(1)Before accepting the commitments or variation, the OFT must—U.K.

(a)give notice under this paragraph; and

(b)consider any representations made in accordance with the notice and not withdrawn.

(2)A notice under this paragraph must state—

(a)that the OFT proposes to accept the commitments or variation;

(b)the purpose of the commitments or variation and the way in which the commitments or variation would meet the OFT’s competition concerns;

(c)any other facts which the OFT considers are relevant to the acceptance or variation of the commitments; and

(d)the period within which representations may be made in relation to the proposed commitments or variation.

(3)The period stated for the purposes of sub-paragraph (2)(d) must be at least 11 working days starting with the date the notice is given or, if that date is not a working day, with the date of the first working day after that date.

3.(1)The OFT must not accept the commitments or variation of which notice has been given under paragraph 2(1) with modifications unless it—U.K.

(a)gives notice under this paragraph of the proposed modifications; and

(b)considers any representations made in accordance with the notice and not withdrawn.

(2)A notice under this paragraph must state—

(a)the proposed modifications;

(b)the reasons for them; and

(c)the period within which representations may be made in relation to the proposed modifications.

(3)The period stated for the purposes of sub-paragraph (2)(c) must be at least 6 working days starting with the date the notice is given or, if that date is not a working day, with the date of the first working day after that date.

4.U.K.If, after giving notice under paragraph 2 or 3 the OFT decides—

(a)not to accept the commitments or variation concerned, and

(b)not to proceed by virtue of paragraph 5 or 6,

the OFT must give notice that it has so decided.

5.U.K.The requirements of paragraph 3 shall not apply if the OFT

(a)has already given notice under paragraph 2 but not under paragraph 3; and

(b)considers that the modifications which are now being proposed are not material in any respect.

6.U.K.The requirements of paragraph 3 shall not apply if the OFT

(a)has already given notices under paragraphs 2 and 3; and

(b)considers that the further modifications which are now being proposed are not material in any respect or do not differ in any material respect from the modifications in relation to which notice was last given under paragraph 3.

7.U.K.As soon as practicable after accepting commitments or a variation under section 31A the OFT must publish the commitments or the variation in such manner as the OFT considers appropriate.

8.U.K.A notice under paragraph 2 or 3 shall be given by—

(a)sending a copy of the notice to such person or persons as the OFT considers appropriate for the purpose of bringing the matter to which it relates to the attention of those likely to be affected by it; or

(b)publishing the notice in such manner as the OFT considers appropriate for the purpose of bringing the matter to which it relates to the attention of those likely to be affected by it.]

Back to top

Options/Help

Print Options

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.

Close

See additional information alongside the content

Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Timeline of Changes

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources