SCHEDULE 4Saving and transitional provision
PART 7Enterprise Act 2002
Cases decided under the EC Merger Regulation before exit day19
1
This paragraph applies in a case in which immediately before exit day—
a
a concentration has been examined by the European Commission under the EC Merger Regulation; and
b
the EU merger decision has been taken in relation to the concentration.
2
On or after exit day, in relation to the concentration concerned—
a
a reference may not be made under section 22 or 33 of the 2002 Act;
b
an intervention notice may not be given under section 42 of that Act, and
c
a reference may not be made under section 45 of that Act119.
3
4
If, on or after exit day, the EU merger decision in relation to the concentration concerned is annulled in full or in part by the European Court following an appeal—
a
sub-paragraph (2) ceases to have effect in relation to that concentration; and
b
despite their repeal by these Regulations, subsections (3) to (5) of section 122 of the 2002 Act continue to have effect in relation to that concentration but with the modification set out in sub-paragraph (5).
5
Section 122(4) has effect in relation to the concentration concerned as if the reference to “the EC Merger Regulation or anything done under or in accordance with them” were a reference to—
a
Council Regulation (EC) 139/2004 on the control of concentrations between undertakings as it has effect in EU law before exit day or anything done under or in accordance with that instrument before exit day; and
b
sub-paragraph (2) of this paragraph.