OpenLegislation

Section 28 Closing a conduct investigation without making a findingI1I2

United Kingdom

(1)

The CMA may close a conduct investigation at any time without making a finding as to whether or not a breach of a conduct requirement has occurred.

(2)

When the CMA decides to close a conduct investigation, the CMA must give the undertaking to which the investigation related a notice to that effect.

(3)

The notice must—

(a)

describe the undertaking in respect of which the CMA began the investigation,

(b)

state the conduct requirement to which the investigation related, and

(c)

include the CMA’s reasons for closing the investigation.

(4)

As soon as reasonably practicable after giving a notice under subsection (2), the CMA must publish the notice.

Annotations

Commencement

I1

S. 28 not in force at Royal Assent, see s. 339(1)

I2

S. 28 in force at 1.1.2025 by S.I. 2024/1226, regs. 1(2), 2(1)(2)