7(1)Schedule 7 (the Competition Commission) is amended as follows.
(2)In paragraph 1 (interpretation)—
(a)the definitions of “appeal panel member” and “the President” shall cease to have effect; and
(b)in the definition of “general functions”, paragraph (a) and the word “or” after it shall cease to have effect.
(3)In paragraph 2 (membership), sub-paragraphs (1)(a), (3)(a) and (4) shall cease to have effect.
(4)Paragraph 4 (the President) shall cease to have effect.
(5)In paragraph 5 (the Council)—
(a)sub-paragraph (2)(b), and
(b)in sub-paragraph (3), the words “and paragraph 5 of Schedule 8”,
shall cease to have effect.
(6)Part 3 (appeals) shall cease to have effect.