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Paragraph 2 TurnoverF1

Section 23 (relevant merger situations) has effect as if—

(a)

in subsection (1), for paragraph (b) there were substituted—

“(b)

the value of the turnover in Great Britain of the enterprise being taken over exceeds F2£100 million.”;

(b)

subsections (2) to (8) were omitted.

Annotations

Textual amendments

F1

Sch. 5A inserted (26.10.2023) by Energy Act 2023 (c. 52), s. 334(2)(j), Sch. 16 para. 3

F2

Sum in Sch. 5A para. 2(a) substituted (1.1.2025) by Digital Markets, Competition and Consumers Act 2024 (c. 13), s. 339(1), Sch. 4 para. 7(2); S.I. 2024/1226, regs. 1(2), 2(1)(10) (with Sch. paras. 5(1), 20)