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Regulation 25 Consequences of proposal for appropriate modifications

Original text. Later amendments are not shown.

(1)

If the aid grantor accepts the CMA’s recommendation—

(a)

the aid grantor must notify the CMA; and

(b)

the aid grantor must implement the CMA’s recommendation within the relevant time period.

(2)

The CMA must open an investigation in respect of the existing aid scheme if—

(a)

the aid grantor—

(i)

does not accept the CMA’s recommendation; or

(ii)

accepts the CMA’s recommendation but fails to implement the CMA’s recommendation within the relevant time period; and

(b)

the CMA considers that implementation of the recommendation is still necessary.