SCHEDULES

SCHEDULE 5Procedure for appeals to the CMA

Matters to be considered on appeal

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1

The CMA, if it thinks it necessary to do so for the purpose of securing the determination of an appeal within the period provided for by paragraph 7, may disregard—

a

any or all matters raised by an appellant that were not raised by that appellant at the time of the relevant application, and

b

any or all matters raised by the Payment Systems Regulator that were not contained in representations or observations made for the purposes of the appeal in accordance with paragraph 5.

2

In this paragraph “relevant application” means an application under paragraph 3 or 4.