SCHEDULES
SCHEDULE 5Amendments related to Part 3
PART 2Transfer of functions under the 2002 Act to the CMA
Part 4
I1194
1
Section 162 (duty to monitor undertakings and orders: Part 4) is amended as follows.
2
In subsections (1) and (2), for “OFT” (in each place where it occurs) substitute “
CMA
”
.
3
In subsection (3)—
a
in the words before paragraph (a)—
i
for “OFT” substitute “
CMA
”
, and
ii
omit “the Commission or (as the case may be)”,
b
in paragraph (a)—
i
omit “the Commission or (as the case may be)”, and
ii
omit “it (or as the case may be)”,
c
in paragraphs (b) to (d), omit “the Commission or (as the case may be)” (in each place where it occurs), and
d
in paragraph (e), for “167(6) to (8)” substitute “
167(6) and (7)
”
.
4
In subsection (4)—
a
in the words before paragraph (a), for “OFT” substitute “
CMA
”
, and
b
after paragraph (b) (but before the “or” following it) insert—
ba
any possible variation or release by it of an enforcement undertaking accepted by it;
bb
any possible new enforcement undertaking to be accepted by it so as to supersede another enforcement undertaking given to it;
bc
any possible variation or revocation by it of an enforcement order made by it;
bd
any possible enforcement undertaking to be accepted by it instead of an enforcement order or any possible enforcement order to be made by it instead of an enforcement undertaking;
5
In subsections (5) and (6), for “OFT” (in each place where it occurs) substitute “
CMA
”
.
6
In subsection (7)—
a
in the words before paragraph (a), for “OFT” substitute “
CMA
”
,
b
omit paragraph (a), and
c
in paragraph (b), for “the report” substitute “
any report prepared by it under subsection (6)
”
.
7
In the heading, for “OFT” substitute “
CMA
”
.