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(1)Subsections (2) and (3) apply where a reference has been made under section 22 or 33 but is not finally determined.
(2)The Commission may by order, for the purpose of preventing pre-emptive action—
(a)prohibit or restrict the doing of things which the Commission considers would constitute pre-emptive action;
(b)impose on any person concerned obligations as to the carrying on of any activities or the safeguarding of any assets;
(c)provide for the carrying on of any activities or the safeguarding of any assets either by the appointment of a person to conduct or supervise the conduct of any activities (on such terms and with such powers as may be specified or described in the order) or in any other manner;
(d)do anything which may be done by virtue of paragraph 19 of Schedule 8.
(3)The Commission may, for the purpose of preventing pre-emptive action, adopt an order made by the OFT under section 72 if the order is still in force when the Commission adopts it.
(4)An order adopted under subsection (3)—
(a)shall continue in force, in accordance with its terms, when adopted; and
(b)may be varied or revoked by an order under this section.
(5)Any other order under this section—
(a)shall come into force at such time as is determined by or under the order; and
(b)may be varied or revoked by another order.
(6)References in this Part to orders under this section shall, unless the context otherwise requires, include references to orders adopted under this section; and references to the making of orders under this section shall be construed accordingly.
(7)An order which is in force under this section in relation to a reference under section 22 or 33 shall cease to be in force if an undertaking under section 80 comes into force in relation to that reference.
(8)An order under this section shall, if it has not previously ceased to be in force, cease to be in force when the reference under section 22 or 33 is finally determined.
(9)The Commission shall, as soon as reasonably practicable, consider any representations received by it in relation to varying or revoking an order under this section.
Textual Amendments applied to the whole legislation
F1Act: for the words "solicitor of the Supreme Court of Northern Ireland" wherever they occur there is substituted (prosp.) the words "solicitor of the Court of Judicature of Northern Ireland" by virtue of Constitutional Reform Act 2005 (c. 4), ss. 59, 148(1), Sch. 11 para. 5 [Editorial Note: this amendment will be carried through into the text of the Act at the same time as any other effects on the Act for the year in which the relevant commencement order (or first such order) is made]
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