25 Extension of time-limits

25  Extension of time-limits

(1)     The [CMA] and the persons carrying on the enterprises which have or may have ceased to be distinct enterprises may agree to extend by no more than 20 [working] days the four month period mentioned in section 24(1)(a) or (2)(b).

(2)     The [CMA] may by notice to the persons carrying on the enterprises which have or may have ceased to be distinct enterprises extend the four month period mentioned in section 24(1)(a) or (2)(b) if it considers that any of those persons [has failed (with or without a reasonable excuse) to comply with any requirement of a notice under section 109].

[(3)     An extension under subsection (2) shall come into force when notice of the extension is

Powered by Lexis+®

Popular documents