Paragraph 2 I1I2I3

In section 86 of the Transport Act 2000 (functions of the CAA with respect to competition) after subsection (7) insert—

“(8)

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 CAA must have regard to the need for making a decision, or taking action, as soon as reasonably practicable.”