SCHEDULES

SCHEDULE 10 Competition test for exercise of bus functions

Decisions

I110

When the F1OFT makes a decision—

a

on an application under paragraph 3, or

b

after an investigation under paragraph 5,

F2the OFT must publish F2its decision, together with F2its reasons for making it.

I211

If the F1OFT has determined an application under paragraph 3 by making a decision that the exercise or proposed exercise of a function to which this Schedule applies meets the competition test, F3the OFT is to take no further action under this Schedule with respect to it unless—

a

F3the OFT has reasonable grounds for believing that there has been a material change of circumstance since F3the OFT made F3its decision, or

b

F3the OFT has a reasonable suspicion that the information on which F3the OFT based F3its decision was incomplete, false or misleading in a material particular.