3.—(1) —Any member of the Competition Commission whose term of office as such is not due to expire before the abolition of the Competition Commission under section 26 of the Act may be appointed to the Competition and Markets Authority (“CMA”) panel under paragraph 1(1)(b) of Schedule 4 to the Act for the purpose in paragraph (2).
(2) The purpose is to enable anything in the process of being done by that person immediately before the abolition of the Competition Commission, as a member of a group constituted under any enactment through which functions of the Competition Commission are being performed, to be completed on behalf of the CMA by that person after the abolition of the Competition Commission as a member of a group constituted (or treated as constituted) under Schedule 4 of the Act or any other enactment.
(3) An appointment made by virtue of this article may be made only for the purpose in paragraph (2).