Enterprise and Regulatory Reform Bill

AMENDMENT
TO BE MOVED
IN GRAND COMMITTEE

[Supplementary to the Fourth Marshalled List]

Clause 45

LORD WHITTY

BARONESS HAYTER OF KENTISH TOWN

 

Page 41, line 20, at end insert—

“(1A) After subsection (3) insert—

“(3A) In cases where functions are exercisable concurrently by two or more competent persons, a sectoral regulator must make an early determination on whether a particular issue requires referral to the CMA.

(3B) Where the lead regulator has been determined under subsection (3A), either the sectoral regulator or the CMA then has the sole responsibility to undertake a detailed market investigation, and propose remedies itself.””

Prepared 14th December 2012