SCHEDULE 1TRANSFER OF FUNCTIONS OF OFT AND COMPETITION COMMISSION TO CMA AND AMENDMENTS CONSEQUENTIAL ON PARTS 3 AND 4 OF THE ACT

PART 1Amendments to secondary legislation principally concerned with competition

Competition Act 1998 (Section 11 Exemption) Regulations 20016

1

The Competition Act 1998 (Section 11 Exemption) Regulations 200111 are amended as follows.

2

In regulation 2 (interpretation), for the definition of “the Director’s rules” substitute—

  • “the CMA’s Rules” means the CMA’s rules set out in the Schedule to the Competition Act 1998 (Competition and Market Authority’s Rules) Order 201412;

3

In regulation 3 (exemption)—

a

in paragraphs (1) to (3), for “Director” (in each place where it occurs) substitute “CMA”;

b

in paragraph (4)—

i

for “Director” substitute “CMA”,

ii

for “he” substitute “it”, and

iii

for “rule 21 of the Director’s rules” substitute “rule 15 of the CMA’s Rules”.