OpenLegislation

Paragraph 38 I1

(1)

Each CMA group is to consist of at least three members of the CMA panel.

(2)

Subject to sub-paragraphs (3) to (6), those members are to be such persons as the chair may select.

(3)

In the case of a F1news media merger reference group—

(a)

the group must include at least one news media panel member;

(b)

the members of the group (if any) who are not news media panel members must be reporting panel members.

(4)

In the case of a specialist communications reference group, the group must include at least one, but not more than three, of the specialist communications panel members.

(5)

In the case of a specialist utility group, the group must include at least one of the specialist utility panel members.

F2(5A)

In the case of a specialist payment systems group, the group must include at least one payment systems member.

(6)

A F3news media panel member is not to be selected as a member of a CMA group that is not a news media merger reference group.

(7)

The chair may at any time appoint a reporting panel member to be an additional member of a CMA group.

(8)

The chair must appoint one of the members of a CMA group to chair the group (the “group chair”).

Annotations

Textual amendments

F1

Words in Sch. 4 para. 38(3) substituted (24.7.2025) by The Enterprise Act 2002 (Amendment of Section 58 Considerations) Order 2025 (S.I. 2025/737), arts. 1(1), 7(3)(a) (with art. 8)

F2

Sch. 4 para. 38(5A) inserted (1.3.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), s. 148(5), Sch. 5 para. 2(3); S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1

F3

Words in Sch. 4 para. 38(6) substituted (24.7.2025) by The Enterprise Act 2002 (Amendment of Section 58 Considerations) Order 2025 (S.I. 2025/737), arts. 1(1), 7(3)(b) (with art. 8)

Commencement

I1

Sch. 4 para. 38 in force at 1.4.2014 by S.I. 2014/416, art. 2(1)(c) (with Sch.)