SCHEDULES
SCHEDULE 10Markets: public interest interventions
I111
1
Section 144 (time-limits for investigations and reports in public interest cases) is amended as follows.
2
In subsection (1)—
a
for “the date of the reference” substitute “
the relevant date
”
, and
b
for the words from “publish it” to the end substitute “
publish it under section 143(1) or 143A(2) or (as the case may be) give it to the Secretary of State in accordance with section 143(3) or 143A(3).
”
3
After subsection (1) insert—
1A
For the purposes of subsection (1), the “relevant date” is—
a
in the case of a report in relation to a restricted PI reference or to a full PI reference which specifies that the Secretary of State does not propose to appoint a public interest expert, the date of the reference;
b
in the case of a report in relation to a full PI reference which specifies that the Secretary of State proposes to appoint a public interest expert, the earliest of the following—
i
the date of the appointment of the expert;
ii
the date on which the Secretary of State gives notice to the CMA that the Secretary of State no longer intends to appoint such an expert;
iii
the end of the period of 2 months beginning with the date of the reference.
4
In subsection (4), after “143(1) or (3)” insert “
or (as the case may be) 143A(2) or (3)
”
.