Enterprise and Regulatory Reform Act 2013 (c. 24)

PART 4 U.K. Competition Reform

CHAPTER 3 U.K. Anti-trust

Miscellaneous U.K.

45 Power for Secretary of State to impose time-limits on investigations etc. U.K.

After section 31E of the 1998 Act insert—

“31F Power for Secretary of State to impose time-limits on investigations etc.

(1) The Secretary of State may by order impose time-limits in relation to—

(a) the conduct by the CMA of investigations or investigations of a description specified in the order;

(b) the making by the CMA of decisions (within the meaning given by section 31(2)) as a result of investigations or investigations of such a description.

(2) Before making an order under subsection (1), the Secretary of State must consult the CMA and such other persons as the Secretary of State considers appropriate.”

Commencement Information

I1 S. 45 partly in force; s. 45 in force for specified purposes at Royal Assent, see s. 103(1)(i)

I2 S. 45 in force at 1.4.2014 in so far as not already in force by S.I. 2014/416, art. 2(1)(b) (with Sch.)

46 Review of operation of Part 1 of 1998 Act U.K.

(1) The Secretary of State must—

(a) review the operation of Part 1 of the 1998 Act, and

(b) prepare and publish a report on the outcome of the review.

(2) The report must be published before the end of the period of 5 years beginning with the day on which Part 1 of Schedule 5 (which transfers the functions of the Office of Fair Trading under Part 1 of the 1998 Act to the Competition and Markets Authority) comes into force.

(3) The Secretary of State must lay the report before Parliament.

Commencement Information

I3 S. 46 in force at 1.4.2014 by S.I. 2014/416, art. 2(1)(b) (with Sch.)