Paragraph 17

United Kingdom

(1)

Section 124 of the M1Financial Services Act 1986 (matters to be left out of account for certain purposes in connection with competition scrutiny) is amended as follows.

(2)

In subsection (1) (matters to be left out of account in determining whether monopoly situation exists), in paragraph (c) for “rules or regulations made or guidance issued” substitute “statements of principle, rules, regulations, codes of practice or guidance issued or made”.

(3)

In subsection (3) (matters to be excluded from consideration where monopoly situation exists)—

(a)

in paragraph (a), for “rules or regulations made” substitute “statements of principle, rules, regulations or codes of practice issued or made”,

(b)

in paragraph (b), for “rules or regulations” substitute “statements of principle, rules, regulations or codes of practice”, and

(c)

in the closing words, for “rules, regulations” substitute “statements of principle, rules, regulations, codes of practice”.

Paragraph 17

Annotations

Marginal citations

Notes on Schedule 23

Textual amendments