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111(1)Section 59 (referral of report by Lord Chancellor) is amended as follows.
(2)In subsections (1) to (3), for “OFT” (in each place where it occurs) substitute “CMA”.
(3)In subsection (4), for the words from “must” to “its advice” substitute “must make a reference to the chair of the CMA for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform Act 2013, for the purpose of advising the Lord Chancellor”.
(4)After subsection (4), insert—
“(5)Where a reference is made to the chair of the CMA under this section for the constitution of a group, the functions of the CMA under section 60, in relation to the matter concerned, are to be carried out on behalf of the CMA by the group so constituted (including functions under sections 109 to 115 of the Enterprise Act 2002, as applied by section 60(9)).”
(5)In the heading, omit “to the Competition Commission”.
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