SCHEDULE 1TRANSFER OF FUNCTIONS OF OFT AND COMPETITION COMMISSION TO CMA AND AMENDMENTS CONSEQUENTIAL ON PARTS 3 AND 4 OF THE ACT

PART 1Amendments to the Enterprise Act 2002

18

1

Schedule 24 (transitional and transitory provisions and savings)13 is amended as follows.

2

Omit paragraphs 1 and 3 to 5.

3

In paragraph 15 (transitional provisions regarding enforcement undertakings and orders)—

a

after sub-paragraph (2), insert—

2A

Subject to sub-paragraph (3), the functions of the CMA under section 94(6) as applied by virtue of sub-paragraph (1) or (2) are to be carried out on its behalf by the CMA Board (within the meaning of Schedule 4 to the Enterprise and Regulatory Reform Act 2013).

b

in sub-paragraph (3), in the wording after paragraph (b), for “the Commission” substitute “a group constituted for the purpose by the chair of the CMA under Schedule 4 to the Enterprise and Regulatory Reform Act 2013”.

4

In paragraph 16 (powers to supersede, vary or release undertakings)—

a

in sub-paragraphs (2) and (3), for “relevant authority” (in each place where it occurs) substitute “CMA”,

b

in sub-paragraph (4), for “OFT” substitute “CMA”,

c

in sub-paragraph (5), for “relevant authority” substitute “CMA”, and

d

for sub-paragraph (6) substitute—

6

The functions of the CMA under this paragraph are to be carried out on its behalf—

a

in the case of an undertaking accepted in pursuance of a proposal under section 56A of the 1973 Act or an undertaking under section 56F or 75G of that Act, by the CMA Board (within the meaning of Schedule 4 to the Enterprise and Regulatory Reform Act 2013), and

b

in the case of an undertaking accepted under section 88 of that Act, by a group constituted for the purpose by the chair of the CMA under Schedule 4 to the Enterprise and Regulatory Reform Act 2013.

5

In paragraph 17—

a

in sub-paragraph (1), for “Commission” substitute “CMA”,

b

in sub-paragraph (2), for “OFT” substitute “CMA”,

c

in sub-paragraph (3)—

i

for “Commission” substitute “CMA”, and

ii

for the words from “sub-paragraph (1)” to “sub-paragraph (2),” substitute “sub-paragraphs (1) and (2)”,

d

in sub-paragraph (4)—

i

for “Commission” substitute “CMA”, and

ii

for the words from “sub-paragraph (1)” to “sub-paragraph (2),” substitute “sub-paragraphs (1) and (2)”,

e

in sub-paragraph (5), for “Commission or the OFT” substitute “CMA”, and

f

after sub-paragraph (5) insert—

6

The functions of the CMA under this paragraph are to be carried out on its behalf—

a

in the case of an order under sub-paragraph (1), by a group constituted for the purpose by the chair of the CMA under Schedule 4 to the Enterprise and Regulatory Reform Act 2013, and

b

in the case of an order under sub-paragraph (2), by the CMA Board (within the meaning of Schedule 4 to the Enterprise and Regulatory Reform Act 2013).

6

In paragraph 18—

a

after sub-paragraph (1), insert—

1A

Subject to sub-paragraph (2), the functions of the CMA under section 94(6) as applied by virtue of sub-paragraph (1) are to be carried out on its behalf by the CMA Board (within the meaning of Schedule 4 to the Enterprise and Regulatory Reform Act 2013).

b

in sub-paragraph (2)—

i

for “the Commission” (where it first appears) substitute “a group constituted by the chair of the CMA under Schedule 4 to the Enterprise and Regulatory Reform Act 2013 (“CMA group”)”,

ii

for “it” substitute “a CMA group”,

iii

for “the Commission” (where it next appears) substitute “a CMA group”.