SCHEDULES

F1SCHEDULE 6ACOMMITMENTS

Annotations:

PART 2PROCEDURAL REQUIREMENTS FOR THE RELEASE OF COMMITMENTS

10

Paragraph 11 applies where the F2CMA proposes to release any commitments under section 31A.

11

1

Before releasing the commitments, the F3CMA must—

a

give notice under this paragraph;

b

send a copy of the notice to the person (or persons) who gave the commitments; and

c

consider any representations made in accordance with the notice and not withdrawn.

2

A notice under this paragraph must state—

a

the fact that a release is proposed;

b

the reasons for it; and

c

the period within which representations may be made in relation to the proposed release.

3

The period stated for the purposes of sub-paragraph (2)(c) 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.

12

If after giving notice under paragraph 11 the F4CMA decides not to proceed with the release, it must—

a

give notice that it has so decided; and

b

send a copy of the notice to the person (or persons) who gave the commitments.

13

As soon as practicable after releasing the commitments, the F5CMA must—

a

publish the release in such manner as it considers appropriate; and

b

send a copy of the release to the person (or persons) who gave the commitments.

14

A notice under paragraph 11 or 12 shall be given by—

a

sending a copy of the notice to such other person or persons as the F6CMA 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 F6CMA considers appropriate for the purpose of bringing the matter to which it relates to the attention of those likely to be affected by it.