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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2013 - onwards
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95. Competition scrutiny

Repealed from 1 April 2013

(1) The Treasury may by order provide for -

(a) regulating provisions, and

(b) the practices of the FCA in exercising its functions under this Part ("practices"),

to be kept under review.

(2) Provision made as a result of subsection (1) must require the person responsible for keeping regulating provisions and practices under review to consider -

(a) whether any regulating provision or practice has a significantly adverse effect on competition; or

(b) whether two or more regulating provisions or practices taken together have, or a particular combination of regulating provisions and practices has, such an effect.

(3) An order under this section may include provision corresponding to that made by any provision of Chapter III of Part X.

(4) Subsection (3) is not to be read as in any way restricting the power conferred by subsection (1).

(5) Subsections (6) to (8) apply for the purposes of provision made by or under this section.

(6) Regulating provisions or practices have a significan

Comparing proposed amendment...