PART 4Competition Reform
CHAPTER 3Anti-trust
Miscellaneous
46Review of operation of Part 1 of 1998 Act
(1)
The Secretary of State must—
(a)
review the operation of Part 1 of the 1998 Act, and
(b)
prepare and publish a report on the outcome of the review.
(2)
The report must be published before the end of the period of 5 years beginning with the day on which Part 1 of Schedule 5 (which transfers the functions of the Office of Fair Trading under Part 1 of the 1998 Act to the Competition and Markets Authority) comes into force.
(3)
The Secretary of State must lay the report before Parliament.