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The Supply of Razors and Razor Blades (Interim Provision) (Revocation) Order 1993

S.I. 1993/1702 · Made 8 July 1993

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

MONOPOLIES AND MERGERS

Made 8th July 1993

Laid before Parliament 8th July 1993

Coming into force 8th July 1993

The Secretary of State, in exercise of the powers conferred on him by section 89(2) and (3)(a) and section 134(2) of the Fair Trading Act 1973, f1f2 hereby makes the following Order:—

Annotations to the whole text

Footnotes

f1

1973 c. 41.

f2

Section 89(2) was amended by the Companies Act 1989 (c. 40) section 153 and Schedule 20, paragraph 15(2).

Contents

  1. 1Article 1
  2. 2Article 2
  3. Signature
  4. Explanatory note

1

This Order may be cited as The Supply of Razors and Razor Blades (Interim Provision) (Revocation) Order 1993 and shall come into force forthwith.

2

The Supply of Razors and Razor Blades (Interim Provision) Order 1991f1 is hereby revoked.

Signature

N Hamilton

Parliamentary Under Secretary of State

Department of Trade and Industry

8th July 1993

Explanatory note

(This note is not part of the Order)

This Order revokes the Supply of Razors and Razor Blades (Interim Provision) Order 1991.The earlier Order was made with a view to achieving the purpose of an order which the Secretary of State had under consideration for remedying or preventing the adverse effects specified in a report of the Monopolies and Mergers Commission entitled “Razors and Razor Blades a report on the supply in the United Kingdom of razors and razor blades for wet shaving use” (Cm.1472 published by Her Majesty’s Stationery Office).The Secretary of State does not now have under consideration the order which he was considering when the earlier Order was made.

The earlier Order prohibited Gillette UK Limited from disposing, or agreeing to dispose, of any equity interest which it had in Swedish Match NV or any agreement relating to the equity of Swedish Match.It also prohibited Lustrasilk International UK Limited from disposing, or agreeing to dispose, of any interest which it had in the indebtedness of Swedish Match, and from forgiving or accepting repayment of any debt owed to it by Swedish Match.