# The Competition Act 1998 and Other Enactments (Amendment) Regulations 2004, Paragraph 23


(1) Section 38 (the appropriate level of penalty) is amended as follows.
(2) After subsection (1) there is inserted—
“(1A) The guidance must include provision about the circumstances in which, in determining a penalty under this Part, the OFT may take into account effects in another Member State of the agreement or conduct concerned.”.

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Source: https://www.legislation.gov.uk/ukdsi/2004/0110490436/schedule/1/paragraph/23 (the official version)
Page: https://openlegislation.uk/draft-competition-act-1998-and-other-enactments-amendment-regulations-2004/schedule-1/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.