Prospective
212GuidanceU.K.
This section has no associated Explanatory Notes
(1)The CMA must prepare and publish guidance about its general approach to the carrying out of its direct enforcement functions.
(2)Guidance under subsection (1) must provide information about the factors that the CMA will take into account in determining—
(a)whether it will exercise a power under Chapter 4 to accept, vary or release an undertaking;
(b)in cases where the exercise of any such power is exercisable only if the CMA considers a person has acted (or failed to act) without a reasonable excuse, whether a reasonable excuse exists;
(c)in a case where a monetary penalty has not been paid (or paid in full), whether to start proceedings for recovery of the penalty.
(3)Guidance under subsection (1) may include information about any other matters in connection with the carrying out of direct enforcement functions, including the factors that the CMA will take into account in determining whether to give a notice to a person in the carrying out of those functions.
(4)The CMA—
(a)must keep the guidance under review, and
(b)may from time to time revise or replace the guidance.
(5)Before issuing the first guidance under this section the CMA must consult—
(a)the Secretary of State, and
(b)such other persons as the CMA considers appropriate.
(6)The CMA must—
(a)before publishing the first guidance under this section, obtain the approval of the Secretary of State in respect of the proposed guidance;
(b)before revising or replacing any guidance published under this section, inform the Secretary of State of the proposed revision or replacement.