Session 2012 - 13
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Other Bills before Parliament

Enterprise and Regulatory Reform Bill


 

Enterprise and Regulatory Reform Bill

 
 

EXPLANATORY NOTES

Explanatory notes to the Bill, prepared by the Department for Business, Innovation

and Skills, are published separately as Bill 7—EN..

EUROPEAN CONVENTION ON HUMAN RIGHTS

Secretary Vince Cable has made the following statement under section 19(1)(a) of the

Human Rights Act 1998:

In my view the provisions of the Enterprise and Regulatory Reform Bill are

compatible with the Convention rights.

 
Bill 755/2
 

 


 

Enterprise and Regulatory Reform Bill

 

 
 

Contents

Part 1

UK Green Investment Bank

1   

The green purposes

2   

Designation of the UK Green Investment Bank

3   

Alteration of the objects of the UK Green Investment Bank

4   

The UK Green Investment Bank: financial assistance

5   

The UK Green Investment Bank: accounts and reports

6   

The UK Green Investment Bank: documents to be laid before Parliament

Part 2

Employment

Conciliation

7   

Conciliation before institution of proceedings

8   

Extension of limitation periods to allow for conciliation

9   

Extended power to define “relevant proceedings” for conciliation purposes

Procedure for deciding tribunal cases

10   

Decisions by legal officers

11   

Composition of Employment Appeal Tribunal

Unfair dismissal

12   

Power by order to increase or decrease limit of compensatory award

Financial penalties

13   

Power of employment tribunal to impose financial penalty on employers etc

Miscellaneous

14   

Disclosures not protected unless believed to be made in the public interest

15   

Indexation of amounts: timing and rounding

 

Bill 7                                                                                                  

55/2

 
 

Enterprise and Regulatory Reform Bill

ii

 

16   

Renaming of “compromise agreements”, “compromise contracts” and

“compromises”

General

17   

Transitional provision

Part 3

The Competition and Markets Authority

18   

The Competition and Markets Authority

19   

Abolition of the Competition Commission and the OFT

20   

Transfer schemes

Part 4

Competition Reform

Chapter 1

Mergers

Investigation powers

21   

Investigation powers: mergers

Interim measures

22   

Interim measures: pre-emptive action: mergers

23   

Interim measures: financial penalties: mergers

Time-limits

24   

Time-limits etc: mergers

Chapter 2

Markets

Cross-market investigations

25   

Power of CMA to make cross-market references

26   

Ministerial power to make cross-market references

Public interest interventions

27   

Public interest interventions in markets investigations

Investigation powers

28   

Investigation powers: markets

 
 

Enterprise and Regulatory Reform Bill

iii

 

Interim measures

29   

Interim measures: pre-emptive action: markets

Time-limits and procedure

30   

Market studies and market investigations: consultation and time-limits

Chapter 3

Anti-trust

Investigation powers

31   

Investigations: power to ask questions

32   

Civil enforcement of investigation powers

33   

Extension of powers to issue warrants to CAT

34   

Part 1 of the 1998 Act: procedural matters

Interim measures and other sanctions

35   

Threshold for interim measures

36   

Penalties: guidance etc.

Miscellaneous

37   

Power for Secretary of State to impose time-limits on investigations etc.

38   

Review of operation of Part 1 of 1998 Act

Chapter 4

Cartels

39   

Cartel offence

40   

Extension of power to issue warrants to CAT

Chapter 5

Miscellaneous

Enforcement orders: markets and mergers

41   

Enforcement orders: monitoring compliance and determination of disputes

42   

Enforcement orders: provision of information

Concurrency

43   

Powers of sector regulators

Miscellaneous

44   

Recovery of CMA’s costs in respect of price control references

45   

Disclosure etc. of information: offences

46   

Review of certain provisions of Chapters 1 and 2

47   

Minor and consequential amendments

 
 

Enterprise and Regulatory Reform Bill

iv

 

48   

Interpretation

Part 5

Reduction of legislative burdens

49   

Sunset and review provisions

50   

Heritage planning regulation

51   

Commission for Equality and Human Rights

52   

Primary authorities

53   

Inspection plans

54   

Unnecessary regulation: miscellaneous

Part 6

Miscellaneous and general

Copyright

55   

Exploitation of design derived from artistic work

56   

Power to change exceptions: copyright and rights in performances

Directors’ remuneration

57   

Directors’ remuneration: effect of remuneration report

General

58   

Consequential amendments, repeals and revocations

59   

Transitional, transitory or saving provision

60   

Financial provision

61   

Extent

62   

Commencement

63   

Short title

Schedule 1   —   

Conciliation: minor and consequential amendments

Schedule 2   —   

Extension of limitation periods to allow for conciliation

Schedule 3   —   

Financial penalties: minor and consequential amendments

Schedule 4   —   

The Competition and Markets Authority

Part 1   —   

General

Part 2   —   

The CMA Board

Part 3   —   

The CMA panel

Part 4   —   

Interpretation and transitional and transitory provision

Schedule 5   —   

Amendments related to Part 3

Part 1   —   

Transfer of functions under the 1998 Act to the CMA

Part 2   —   

Transfer of functions under the 2002 Act to the CMA

Part 3   —   

Abolition of the Competition Commission

Part 4   —   

Abolition of the Office of Fair Trading

Schedule 6   —   

Regulatory appeals etc: minor and consequential amendments

Part 1   —   

Amendments to Acts

Part 2   —   

Amendments to other enactments

 
 

Enterprise and Regulatory Reform Bill

v

 

Schedule 7   —   

Mergers: interim measures

Schedule 8   —   

Mergers: time-limits

Schedule 9   —   

Markets: cross-market references

Schedule 10   —   

Markets: public interest interventions

Schedule 11   —   

Markets: investigation powers

Schedule 12   —   

Markets: time-limits

Schedule 13   —   

Extension of powers to issue warrants under the 1998 Act to

CAT

Schedule 14   —   

Regulators: use of powers under the 1998 Act

Schedule 15   —   

Minor and consequential amendments: Part 4

Schedule 16   —   

Heritage planning regulation

Schedule 17   —   

Unnecessary regulation: miscellaneous

Part 1   —   

Notification of TV sales etc

Part 2   —   

Water undertakers: in-area ban

Part 3   —   

Bankruptcy early discharge procedure

 
 

 
contents continue
 

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Revised 23 May 2012