SCHEDULES

SCHEDULE 4The Competition and Markets Authority

PART 1General

Annual plan

I112

1

The CMA must prepare an annual plan for each financial year.

2

The plan must—

a

set out the CMA's main objectives for the year and indicate the relative priorities of each of those objectives;

b

provide a summary of the proposed allocation of the CMA's financial resources to the activities to be carried on in connection with those objectives.

3

The CMA must arrange for the plan to be laid before Parliament.

4

The CMA must publish the plan, in whatever way it considers appropriate, before the start of the financial year in question.

I213

1

Before finalising an annual plan, the CMA must draw up proposals for it.

2

The CMA must arrange for the proposals to be laid before Parliament.

3

The CMA must—

a

publish the proposals in whatever way it considers appropriate, and

b

make arrangements to consult with the public about them.

4

Arrangements made under sub-paragraph (3)(b) may provide for consultation with the public to be effected in whatever way the CMA considers appropriate.