SCHEDULE 8 Mergers: Time-limits
Enterprise and Regulatory Reform Act 2013 (2013 c 24) | Legislation

SCHEDULE 8 Mergers: Time-limits

Section 32(2)

1

Part 3 of the 2002 Act (mergers) is amended as follows.

2

In section 22 (duty to make references in relation to completed mergers), in subsection (3)—

(a)     before paragraph (a) insert—

“(za)     the period within which the CMA is required by section 34ZA to decide whether the duty to make the reference applies has expired without such a decision having been made;â€, and

(b)     in paragraph (a) omit “or 96(3)â€.

3

In section 33 (duty to make references in relation to anticipated mergers), in subsection (3)—

(a)     before paragraph (a) insert—

“(za)     the period within which the CMA is required by section 34ZA to decide whether the duty to make the reference applies has expired without such a decision having been made;â€, and

(b)     in paragraph (a) omit “or 96(3)â€.

4

After section 34 insert—

“Supplementary provision: time-limits for decisions about references

34ZA Time-limits for decisions about references

(1)     In carrying out its function of deciding whether to make a reference under section 22 or 33, the CMA shall, within the initial period—

(a)     decide whether the duty to make a reference

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