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Regulation 31 Market information order

Original text. Later amendments are not shown.

(1)

If a person does not comply with a request for market information under regulation 30, the CMA may make a market information order requiring the person to send the market information within a set period.

(2)

A market information order must be sent to the person concerned and specify—

(a)

the market information that must be provided;

(b)

the form and manner in which the information must be provided;

(c)

the date by which the information must be provided;

(d)

the legal basis for requiring the information; and

(e)

the possible consequences of not complying with the order.

(3)

However, a person is not required to provide information that—

(a)

the person could not be compelled to provide in evidence in civil proceedings before the court; or

(b)

is not at the disposal of the person.

(4)

If the CMA makes a market information order, the CMA must—

(a)

send a copy of the order to the aid grantor at the same time as sending it to the person; and

(b)

notify the aid grantor why the order has been made.