PART 4Competition Reform

CHAPTER 3Anti-trust

Miscellaneous

I1I245Power 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.