242 Licence modifications following Competition Commission report
Transport Act 2000 (2000 c 38) | Legislation

Competition

242  Licence modifications following Competition Commission report

(1)     In section 15 of the Railways Act 1993 (modification of licence conditions following report of Competition Commission), after subsection (4) insert—

“(4A)     Where (after considering any representations or objections which are duly made and not withdrawn) the Regulator or Authority proposes to make or require the making of modifications under this section, he or it shall give notice to the Competition Commission—

(a)     setting out the modifications he proposes to make or it proposes to require to be made; and

(b)     stating the reasons why he proposes to make the modifications or it proposes to require the making of them.

(4B)     The Regulator or Authority shall include with the notice under subsection (4A) above a copy of any representations and objections which have been considered.

(4C)     If the period within which a direction may be given by the Competition Commission under section 15A below expires without such a direction being given, the Regulator or Authority shall make, or require the making of, the modifications set out in the notice given under subsection (4A) above.

(4D)     If a direction is given by the Competition Commission under section 15A(1)(b) below, the Regulator

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