SCHEDULES
SCHEDULE 5Amendments related to Part 3
PART 2Transfer of functions under the 2002 Act to the CMA
Part 3
I1138
1
Section 106 (advice and information about references under sections 22 and 33) is amended as follows.
2
In subsection (1)—
a
omit “As soon as reasonably practicable after the passing of this Act,”,
b
for “the OFT” substitute “
The CMA
”
, and
c
for the words from “the making” to the end of the subsection substitute
—
a
the making and consideration by it of references under section 22 or 33, and
b
the way in which relevant customer benefits may affect the taking of enforcement action in relation to such references.
3
In subsection (2), for “OFT” substitute “
CMA
”
.
4
Omit subsections (3) and (4).
5
In subsection (5), in paragraph (b), for “OFT or (as the case may be) the Commission” substitute “
CMA
”
.
6
In subsection (6)—
a
omit “or (3)”, and
b
for “OFT or (as the case may be) the Commission” substitute “
CMA
”
.
7
In subsection (7)—
a
for “OFT or the Commission” substitute “
CMA
”
, and
b
for “OFT or (as the case may be) the Commission” substitute “
CMA
”
.
8
In subsection (8), for “OFT shall consult the Commission and such other persons” substitute “
CMA shall consult such persons
”
.
9
Omit subsection (9).