[49B Collective settlements: where a collective proceedings order has not been made]
Competition Act 1998 (1998 c 41) | Legislation

[49B  Collective settlements: where a collective proceedings order has not been made]

[(1)     The Tribunal may, in accordance with this section and Tribunal rules, make an order approving the settlement of claims (a “collective settlementâ€) where—

(a)     a collective proceedings order has not been made in respect of the claims, but

(b)     if collective proceedings were brought, the claims could be made at the commencement of the proceedings (disregarding any limitation or prescriptive period applicable to a claim in collective proceedings).

(2)     An application for approval of a proposed collective settlement must be made to the Tribunal by—

(a)     a person who proposes to be the settlement representative in relation to the collective settlement, and

(b)     the person who, if collective proceedings were brought in respect of the claims, would be

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Motor claims in the Portal—a practical guide (Stage 1)

Motor claims in the Portal—a practical guide (Stage 1)The Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents—30 April 2013 onwardsSTOP PRESS: A new RTA small claims protocol for whiplash claims comes into effect for accidents occurring on or after 31 May 2021. The

LEXISNEXIS

Serving outside the jurisdiction with court permission—application and order

This Practice Note addresses issues when serving out of the jurisdiction and the permission of the court is required. It explains how to make an application and the form of order required. An application to serve out of the jurisdiction is generally made without notice and on the papers. Key

LEXISNEXIS

Directors’ remuneration

Directors’ remunerationCompany directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration for services as a director or to reimbursement of expenses incurred in rendering such services. Power to pay directors remuneration for their

LEXISNEXIS

Negligence—key elements to establish a negligence claim

Negligence—key elements to establish a negligence claimNegligence—what are the key ingredients to establish a claim in negligence?For liability in negligence to be founded, four key ingredients must be present:•duty of care•breach of that duty•damage (which is caused by the breach)•foreseeability of