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

Transport Act 2000155

1

Section 89 (carrying out functions)142 is amended as follows.

2

In subsections (1) to (3), for “the OFT” (in each place where it occurs) substitute “the CMA”.

3

In subsection (4)—

a

for “reference to the Competition Commission” substitute “market investigation reference (under section 131 of the 2002 Act)”,

b

for “Commission in its” substitute “CMA group (constituted under Schedule 4 to the Enterprise and Regulatory Reform Act 2013) which is to conduct the”, and

c

in paragraphs (a) and (c) for “Commission” (in each place where it occurs) substitute “CMA group”.

4

In subsection (5) for “Commission” substitute “CMA group”.