Source: http://www.legislation.gov.uk/ukpga/2000/8/part/XVIII/chapter/II/crossheading/role-of-the-treasury/2007-04-01
Timestamp: 2019-09-20 04:22:47
Document Index: 94707795

Matched Legal Cases: ['art. 2', 'art. 3', 'art. 2', 'art. 3', 'art. 2', 'art. 2']

307 Recognition orders: role of the Treasury.U.K.
(1)Subsection (2) applies if, on an application for a recognition order—
(a)the [F1OFT] makes a report under section 303 but does not ask the Competition Commission to consider it under section 306;
[F2(5)Subsection (6) applies in the case of an application for recognition under section 287, other than an application by an overseas applicant.
F1Words in s. 307 substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 40(14)(a); S.I. 2003/766, art. 2, Sch. (with art. 3)
F2S. 307(5)(6) inserted (1.4.2007 for certain purposes and 1.11.2007 otherwise) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007 (S.I. 2007/126), regs. 1(2), 3(2), Sch. 2 para. 14
308 Directions by the Treasury.U.K.
(1)This section applies if the Competition Commission makes a report under section 306(4) (other than a report on an application for a recognition order) which states the Commission’s conclusion that there is a significantly adverse effect on competition.
309 Statements by the Treasury.U.K.
(1)If, in reliance on subsection (3)(a) or (b) of section 308, the Treasury decline to act under subsection (2) of that section, they must make a statement to that effect, giving their reasons.
310 Procedure on exercise of certain powers by the Treasury.U.K.
(1)Subsection (2) applies if the Treasury are considering—
(i)about any report made by the [F3OFT] under section 303 or 304 or by the Competition Commission under section 306;
F3Words in s. 310 substituted (1.4.2003) by Enterprise Act 2002 (c. 40), ss. 278, 279, Sch. 25 para. 40(14)(b); S.I. 2003/766, art. 2, Sch. (with art. 3)
I1S. 310 wholly in force at 1.12.2001; s. 310 not in force at Royal Assent see s. 431(2); s. 310 in force for specified purposes at 3.9.2001 by S.I. 2001/2632, art. 2(2), Sch. Pt. 2; s. 310 in force in so far as not already in force at 1.12.2001 by S.I. 2001/3538, art. 2(1)