# The Competition Act 1998 (Concurrency) Regulations 2004, Regulation 2: Interpretation


In these Regulations—
(a) “the Act” means the Competition Act 1998;
(b) “Article 81(1)” means Article 81(1) of the treaty establishing the European Community;
(c) “Article 82” means Article 82 of the treaty establishing the European Community;
(d) “the Chapter I prohibition” has the meaning given in section 2(8) of the Act;
(e) “the Chapter II prohibition” has the meaning given in section 18(4) of the Act;
(f) “competent person” means the OFT or a regulator;
(g) “OFT” means the Office of Fair Trading;
(h) “OFT’s rules” means rules made by the OFT and approved by an order made by the Secretary of State in accordance with section 51 of the Act;
(i) “Part 1 functions” means any functions of the OFT under the provisions of Part 1 of the Act which can be exercised by a regulator;
(j) “prescribed functions” means—
(i) the exercise by any competent person of any of the functions of the OFT under the provisions of sections 25 to 29, sections 31A to 31C, section 31D(8) or section 31E of the Act or Schedule 6A to the Act;
(ii) making a decision, as defined in section 46(3) of the Act;
(iii) exercising functions under paragraph 4 of Schedule 1 or paragraph 2 of Schedule 3 to the Act or in accordance with an order made pursuant to section 50 of the Act;
(k) “regulator” means any regulator mentioned in section 54(1) of the Act; and
(l) “working day” means a day which is not—
(i) Saturday,
(ii) Sunday,
(iii) Christmas Day,
(iv) Good Friday, or
(v) a day which is a bank holiday under the Banking and Financial Dealings Act 1971 in any part of the United Kingdom.

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Source: https://www.legislation.gov.uk/uksi/2004/1077/regulation/2 (the official version)
Page: https://openlegislation.uk/competition-act-1998-concurrency-regulations-2004/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

