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Version status: Omitted | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2013 - onwards
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303. Initial report by OFT

Omitted from 1 April 2013

(1) The Authority must send to the Treasury and to the OFT a copy of any regulatory provisions with which it is provided on an application for recognition under section 287 or 288.

(2) The Authority must send to the OFT such information in its possession as a result of the application for recognition as it considers will assist the OFT in discharging its functions in connection with the application.

(3) The OFT must issue a report as to whether -

(a) a regulatory provision of which a copy has been sent to it under subsection (1) has a significantly adverse effect on competition; or

(b) a combination of regulatory provisions so copied to it have such an effect.

(4) If the OFT's conclusion is that one or more provisions have a significantly adverse effect on competition, it must state its reasons for that conclusion.

(5) When the OFT issues a report under subsection (3), the OFT must send a copy of it to the Authority, the Competition Commission and the Treasury.

(6) In the case of

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