The Fair Trading Act (Amendment) (Newspaper mergers) Order 1995 No. 1351


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United Kingdom Statutory Instruments


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Statutory Instruments

1995 No. 1351

MONOPOLIES AND MERGERS

The Fair Trading Act (Amendment) (Newspaper mergers) Order 1995

Made

23rd May 1995

Laid before Parliament

23rd May 1995

Coming into force

13th June 1995

The Secretary of State, in exercise of the powers conferred on him by section 58(5) of the Fair Trading Act 1973(1), hereby makes the following Order:

1. This Order may be cited as the Fair Trading Act (Amendment) (Newspaper mergers) Order 1995 and shall come into force on 13th June 1995.

2. In section 58(4) of the Fair Trading Act 1973, for "25,000" there shall be substituted "50,000".

Jonathan Evans,

Parliamentary Under-Secretary of State for Corporate and Consumer Affairs,

Department of Trade and Industry

23rd May 1995

Explanatory Note

(This note is not part of the Order)

This Order increases the threshold below which the Secretary of State has a discretion to give his consent to a newspaper merger requiring his consent without referring the matter to the Monopolies and Mergers Commission for investigation and report.


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