Part 3 U.K.Mergers

Chapter 4 U.K.Enforcement

OtherU.K.

[F194BStatement of policy in relation to powers under sections 94 and 94AU.K.

(1)The CMA shall prepare and publish a statement of policy in relation to the use of its powers under—

(a)section 94, insofar as they relate to interim measures; and

(b)section 94A.

(2)The CMA shall, in particular, include a statement about the considerations relevant to the determination of the amount of any penalty imposed under section 94A.

(3)The CMA may revise its statement of policy and, where it does so, it shall publish the revised statement.

(4)The CMA shall consult the Secretary of State and such other persons as it considers appropriate when preparing or revising its statement of policy.

(5)A statement or revised statement of policy may not be published under this section unless the Secretary of State approves the statement.

(6)In this section, “interim measure” has the same meaning as in section 94A.]

Textual Amendments

F1Ss. 94A, 94B inserted (25.4.2013 for specified purposes) by Enterprise and Regulatory Reform Act 2013 (c. 24), ss. 31(1), 103(1)(i)(3)