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Enterprise Act 2002
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Changes over time for: Section 159
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- 20/06/2003- Amendment
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159 Final undertakings: Part 4U.K.
This section has no associated Explanatory Notes
(1)The [F1CMA] may, in accordance with section 138, accept, from such persons as it considers appropriate, undertakings to take action specified or described in the undertakings.
(2)The Secretary of State may, in accordance with section 147 [F2or (as the case may be) 147A], accept, from such persons as he considers appropriate, undertakings to take action specified or described in the undertakings.
(3)An undertaking under this section shall come into force when accepted.
(4)An undertaking under subsection (1) or (2) may be varied or superseded by another undertaking under that subsection.
(5)An undertaking under subsection (1) may be released by the [F3CMA] and an undertaking under subsection (2) may be released by the Secretary of State.
(6)The [F4CMA] or (as the case may be) the Secretary of State shall, as soon as reasonably practicable, consider any representations received by it or (as the case may be) him in relation to varying or releasing an undertaking under this section.
Textual Amendments
F1Word in s. 159(1) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 5 para. 190 (with s. 28); S.I. 2014/416, art. 2(1)(d) (with Sch.)
F2Words in s. 159(2) inserted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 10 para. 26; S.I. 2014/416, art. 2(1)(d) (with Sch.)
F3Word in s. 159(5) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 5 para. 190 (with s. 28); S.I. 2014/416, art. 2(1)(d) (with Sch.)
F4Word in s. 159(6) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 5 para. 190 (with s. 28); S.I. 2014/416, art. 2(1)(d) (with Sch.)
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