PART 5 Amendment of Part 5 of the 2019 Regulations: amendment of subordinate legislation

28.  Schedule 2 to the 2019 Regulations is amended as follows.

The Competition Act 1998 (Small Agreements and Conduct of Minor Significance) Regulations 2000

29.  In paragraph 1(2)(c), in the definition of “third-country reinsurance undertaking”, in paragraph (b), for “exit day” substitute “IP completion day”.

The Competition Act 1998 (Determination of Turnover for Penalties) Order 2000

30.  In paragraph 2(2)(c), in the definition of “third-country reinsurance undertaking”, in paragraph (b), for “exit day” substitute “IP completion day”.

The Competition Act 1998 (Concurrency) Regulations 2014

31.  In paragraph 5, after sub-paragraph (1), insert—

“(1A) In regulation 2, in the definition of “prescribed functions”, after sub-paragraph (i) insert—

“(ia) any of the functions of the CMA under section 40ZB, 40ZC or 40ZD of the Act;”.”.

The Enterprise Act 2002 (Mergers) (Interim Measures: Financial Penalties) (Determination of Control and Turnover) Order 2014

32.  In paragraph 7(4), in the definition of “third-country reinsurance undertaking”, in paragraph (b), for “exit day” substitute “IP completion day”.

The Water Mergers (Modification of Enactments) Regulations 2004

33.  In paragraph 12, after sub-paragraph (8) insert—

“(8A) In regulation 32—

(a) omit the “and” at the end of paragraph (a);

(b) after paragraph (a) insert—

“(aa) subsection (1A)(1) were omitted; and”.”.

(1)

Subsection (1A) is inserted in section 120 of the Enterprise Act 2002 by regulation 10 of these Regulations.