SCHEDULE 1TRANSFER OF FUNCTIONS OF OFT AND COMPETITION COMMISSION TO CMA AND AMENDMENTS CONSEQUENTIAL ON PARTS 3 AND 4 OF THE ACT
PART 2Amendments to other Acts of Parliament
Financial Services and Markets Act 2000121
1
Section 140A (interpretation)122 is amended as follows.
2
In subsection (1)—
i
omit the definition of “the OFT”, and
ii
in the appropriate place, insert—
“the CMA” means the Competition and Markets Authority.
3
Omit subsection (2).