PART 4Competition Reform
CHAPTER 3Anti-trust
Miscellaneous
45Power for Secretary of State to impose time-limits on investigations etc.
After section 31E of the 1998 Act insert—
“31FPower 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.”