59 The Regulator's functions under Part 4 of the Enterprise Act 2002
Financial Services (Banking Reform) Act 2013 (2013 c 33) | Legislation

59  The Regulator's functions under Part 4 of the Enterprise Act 2002

(1)     The functions to which this subsection applies are to be concurrent functions of the Payment Systems Regulator and the Competition and Markets Authority (“the CMA”).

(2)     Subsection (1) applies to the functions of the CMA under Part 4 of the Enterprise Act 2002 (market investigations), so far as those functions—

(a)     are exercisable by the CMA Board (within the meaning of Schedule 4 to the Enterprise and Regulatory Reform Act 2013), and

(b)     relate to participation in payment systems.

(3)     But subsection (1) does not apply to functions under the following sections of the Enterprise

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