SCHEDULES

SCHEDULE 7Directions: procedure

Advice of Office of Fair Trading

5

(1)

The OFT must give the Board such advice as it thinks fit regarding whether the proposed direction should be given.

(2)

In deciding what advice to give, the OFT must, in particular, have regard to whether giving the proposed direction would (or would be likely to) prevent, restrict or distort competition within the market for reserved legal services to any significant extent.