Paragraph 5

England and Wales

(1)

The F1CMA must give the Board such advice as it thinks fit regarding whether the proposed direction should be given.

(2)

In deciding what advice to give, the CMA must, in particular, have regard to whether giving the proposed direction would (or would be likely to) prevent, restrict or distort competition within the market for reserved legal services to any significant extent.

Annotations

Textual amendments

F1: Word in Sch. 7 para. 5(1)(2) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 119(4); S.I. 2014/416, art. 2(1)(d) (with Sch.)

Notes on Advice of Competition and Markets Authority

Textual amendments

F1: Words in Sch. 7 para. 5 cross-heading substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 6 para. 119(3); S.I. 2014/416, art. 2(1)(d) (with Sch.)