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Section 40 Advisory and supervisory functions of the CMAF11I1

Scotland

(1)

Before—

(a)

F1approving any rules made under section 17(11) or 18(10) of this Act; or

(b)

approving any rules—

F2(i)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(ii)

such as are mentioned in section 31(1) or (2),

of this Act; or

(F3c)

considering any provisions of a draft scheme under section 26(1) or (3) of this Act,

(c)

considering—

(i)

any provisions of a draft regulatory scheme under section 27 of the Regulation of Legal Services (Scotland) Act 2025, or

(ii)

any provision which is proposed as a revision to a regulatory scheme under section 33 of that Act,

the Secretary of State shall first send a copy of the proposed regulations, rules or provisions to the F4CMA

(2)

The CMA shall consider whether any such F5... rules or provisions as are mentioned in subsection (1) above would have, or would be likely to have, the effect of restricting, distorting or preventing competition to any significant extent.

(3)

When the F6CMA has completed its consideration it shall give such advice to the Secretary of State F7as it thinks fit.

(4)

F8The CMA may publish any advice given under subsection (3) above.

(5)

The F9CMA shall, so far as practicable, exclude from anything published under subsection (4) above any matter—

(a)

which relates to the affairs of a particular person; and

(b)

the publication of which would, or might in the F10CMA's opinion, seriously and prejudicially affect the interests of that person.

(6)

For the purposes of the law of defamation, the publication of any advice by the Director under this section shall be absolutely privileged.

Annotations

Textual amendments

F1

Words in s. 40(1)(a) substituted (15.8.2003) by Public Appointments and Public Bodies etc. (Scotland) Act 2003 (asp 4), s. 21(2), Sch. 4 para. 12(14)(a)(i); S.S.I. 2003/384, art. 2(d)

F2

S. 40(1)(b)(i) (15.8.2003) by Public Appointments and Public Bodies etc. (Scotland) Act 2003 (asp 4), s. 21(2), Sch. 4 para. 12(14)(a)(ii); S.S.I. 2003/384, art. 2(d)

F3

S. 40(1)(c) substituted (5.3.2026 for specified purposes) by Regulation of Legal Services (Scotland) Act 2025 (asp 8), ss. 36(3), 103(3); S.S.I. 2026/96, reg. 2(1)(2), sch. 1

F4

Word in s. 40(1)(2) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 48(2); S.I. 2014/416, art. 2(1)(d) (with Sch.)

F5

Word in s. 40(2) repealed (15.8.2003) by Public Appointments and Public Bodies etc. (Scotland) Act 2003 (asp 4), s. 21(2), Sch. 4 para. 12(14)(b); S.S.I. 2003/384, art. 2(d)

F6

Words in s. 40(3) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 48(3)(a); S.I. 2014/416, art. 2(1)(d) (with Sch.)

F7

Words in s. 40(3) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 48(3)(b); S.I. 2014/416, art. 2(1)(d) (with Sch.)

F8

Words in s. 40(4) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 48(4); S.I. 2014/416, art. 2(1)(d) (with Sch.)

F9

Word in s. 40(5) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 48(5)(a); S.I. 2014/416, art. 2(1)(d) (with Sch.)

F10

Word in s. 40(5) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 48(5)(b); S.I. 2014/416, art. 2(1)(d) (with Sch.)

F11

Word in s. 40 heading substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 48(6); S.I. 2014/416, art. 2(1)(d) (with Sch.)

Commencement

I1

S. 40 wholly in force at 30.9.1991 see s. 75(2) and S.I. 1991/2151, art. 3, Sch.