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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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304. Further reports by OFT

Omitted from 1 April 2013

(1) The OFT must keep under review the regulatory provisions and practices of recognised bodies.

(2) If at any time the OFT considers that -

(a) a regulatory provision or practice has a significantly adverse effect on competition, or

(b) regulatory provisions or practices, or a combination of regulating provisions and practices have such an effect,

the OFT must make a report.

(3) If at any time the OFT considers that -

(a) a regulatory provision or practice does not have a significantly adverse effect on competition, or

(b) regulatory provisions or practices, or a combination of regulatory provisions and practices do not have any such effect,

the OFT may make a report to that effect.

(4) A report under subsection (2) must contain details of the adverse effect on competition.

(5) If the OFT makes a report under subsection (2), the OFT must -

(a) send a copy of it to the Treasury, to the Competition Commission and to the Authority; and

(b) publish it in the way appearing to the OFT

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