Page:Competition Ordinance (Cap. 619).pdf/103

PART 3
Procedural Requirements for Release of Commitments

11. Application

Section 12 of this Schedule applies where the Commission proposes to release a person from a commitment, under section 62.

12. Notice

(1) Before releasing the person from the commitment, the Commission must—

(a) give notice of the proposed release in any manner it considers appropriate for bringing it to the attention of that person; and

(b) consider any representations made (and not withdrawn) in response to the notice.

(2) A notice under subsection (1) must state—

(a) that the Commission proposes to release the person from the commitment;

(b) the reasons for the proposed release;

(c) any other facts that the Commission considers to be relevant to the proposed release; and

(d) the period within which representations may be made in relation to the proposed release.

(3) The period stated for the purpose of subsection (2)(d) must be at least 15 days beginning on the day on which the notice is given.

13. Notice of decision not to proceed

If, after giving notice under section 12 of this Schedule, the Commission decides not to proceed with the release, it must—

(a) give notice that it has so decided; and

(b) send a copy of the notice to the person who made the commitment.

14. Notice of decision to release

As soon as practicable after releasing a person from a commitment, the Commission must—

(a) publish the release—

(i) through the Internet or a similar electronic network; and