Schedule 29, paragraph 12

In section 31 of the Water Industry Act 1991 (functions of Ofwat with respect to competition) at the end insert— In making any decision, or otherwise taking action, for the purposes of any of its functions that— the Authority must have regard to the need for making a decision, or taking action, as soon as reasonably practicable. by virtue of this section, are functions exercisable concurrently with the CMA, and in the case of functions under the Competition Act 1998, are functions within Schedule 4A to the Enterprise and Regulatory Reform Act 2013 by virtue of paragraph 5 of that Schedule,

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Source: legislation.gov.uk · retrieved 2026-07-30