Paragraph 11 I1

England and Wales

(1)

Monitor must exercise its functions effectively, efficiently and economically.

(2)

Monitor may arrange for the exercise of its functions on its behalf by—

(a)

a non-executive member;

(b)

an employee (including the chief executive);

(c)

a committee or sub-committee.

F1(2A)

Sub-paragraph (2) is subject to provision in rules made under section 51 of the Competition Act 1998 by virtue of paragraph 1A of Schedule 9 to that Act in respect of the exercise of a function under Part 1 of that Act.

Annotations

Textual amendments

F1: Sch. 8 para. 11(2A) inserted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 15 para. 49; S.I. 2014/416, art. 2(1)(f) (with Sch.)

Commencement

I1: Sch. 8 para. 11 in force at 1.11.2012 by S.I. 2012/2657, art. 2(2)