PART 2Amendment of the Competition Act 1998
I130
1
Schedule 8A M1 is amended as follows.
2
In paragraph 2(1)—
a
at the end of paragraph (a), insert “
and
”
;
b
omit paragraphs (c) and (d).
3
In paragraph 3—
a
in sub-paragraph (1)—
i
at the end of paragraph (a), insert “
and
”
;
ii
omit paragraphs (c) and (d);
b
omit sub-paragraph (2);
c
in sub-paragraph (4)—
i
for “Subsections (3) and (4) of section 58A apply” substitute “
Section 58A(3) applies
”
;
ii
for “the CMA, a regulator or the Commission” substitute “
the CMA or a regulator
”
;
d
omit sub-paragraphs (5) and (6).
4
In paragraph 12—
a
in sub-paragraph (5), at the end insert “
(“the SME Annex”), subject to sub-paragraph (6)
”
;
b
after sub-paragraph (5), insert—
6
For the purposes of this paragraph, the SME Annex has effect as if—
a
in Article 2(1), for “EUR 50 million and/or an annual balance sheet total not exceeding EUR 43 million” there were substituted
“ £44,000,000 and/or an annual balance sheet total not exceeding £38,000,000 ”;b
in Article 2(2), for “EUR 10 million” there were substituted
“ £8,800,000 ”;c
in Article 2(3), for “EUR 2 million” there were substituted
“ £1,750,000 ”;d
in Article 3(2)(a), for “EUR 1 250 000” there were substituted
“ £1,100,000 ”;e
in Article 3(2)(d), for “EUR 10 million” there were substituted
“ £8,800,000 ”;f
in Article 3(5), for “by national or Community rules” there were substituted
“ under the law of the United Kingdom (or any part of it) ”;g
in Article 5(b), for “national law” there were substituted
“ the law of the United Kingdom (or any part of it) ”.
5
In paragraph 14(1)(a), omit “or the prohibition in Article 101(1)”.
6
Omit paragraph 35 (and the italic heading before it).