# Digital Markets, Competition and Consumers Act 2024, Paragraph 12: The Water Services Regulation Authority (Ofwat)

Extent: E+W+S+N.I.

In section 31 of the Water Industry Act 1991 (functions of Ofwat with respect to competition) at the end insert—
“(10) In making any decision, or otherwise taking action, for the purposes of any of its functions that—
(a) by virtue of this section, are functions exercisable concurrently with the CMA, and
(b) in the case of functions under the Competition Act 1998, are functions within Schedule 4A to the Enterprise and Regulatory Reform Act 2013 by virtue of paragraph 5 of that Schedule,
the Authority must have regard to the need for making a decision, or taking action, as soon as reasonably practicable.”

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Source: https://www.legislation.gov.uk/ukpga/2024/13/schedule/29/paragraph/12 (the official version)
Page: https://openlegislation.uk/digital-markets-competition-and-consumers-act-2024/schedule-29/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.