(1) The power conferred by section 38(1) is to be exercised by giving a notice (a "final offer initiation notice") to the designated undertaking and the third party.
(2) The final offer initiation notice must -
(a) specify the designated undertaking, the third party and the digital activity in respect of which the power is being exercised;
(b) describe the breach of the enforcement order in relation to which the second condition in section 38 is met;
(c) summarise the transaction;
(d) specify a date (the "submission date") on or before which final offer payment terms are to be submitted to the CMA;
(e) state the period by the end of which the CMA must make any final offer order (see section 41(3));
(f) state the circumstances in which that period may be extended (see section 104).
(3) As soon as reasonably practicable after giving a final offer initiation notice, the CMA must publish a statement which -
(a) includes the information mentioned in subsection (2), and
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