Financial Services and Markets Bill -
Amendments to be debated in the House of Lords
- continued
House of Lords

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Clause 305
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Page 161, line 22, leave out from beginning to ("such") in line 24 and insert--
 
    ("(1)  Subsection (2) applies if the Treasury are considering--
    (a)  whether to refuse their approval under section (Recognition orders: role of the Treasury);
    (b)  whether section (Directions by the Treasury)(2) applies; or
    (c)  whether to give a direction under section (Directions by the Treasury)(6).
    (2)  The Treasury must--
    (a)  take")
 
     Page 161, line 29, leave out ("302;") and insert ("(Further reports by Director General of Fair Trading) or by the Competition Commission under section (Consideration by Competition Commission);") 
     Page 161, line 31, leave out ("299 or 300;") and insert ("(Recognition orders: role of the Treasury) or (Directions by the Treasury);") 
     Page 161, line 32, leave out ("had") 
  
Clause 306
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Leave out Clause 306 
  
Clause 307
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Page 162, line 42, leave out paragraph (b) 
     Page 163, line 1, leave out paragraph (b) 
     Page 163, line 7, leave out ("contemplated") and insert ("encouraged") 
     Page 163, line 8, leave out from first ("practices") to end of line 9 
  
Clause 308
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Page 163, line 21, leave out paragraph (b) 
     Page 163, line 25, leave out ("contemplated") and insert ("encouraged") 
  
Clause 309
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Page 164, line 12, leave out ("300(3);") and insert ("(Directions by the Treasury)(8);") 
  
After Clause 345
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Insert the following new Clause-- 
     (".--(1) A person is guilty of an offence if he has competition information (whether or not it was obtained by him) and improperly discloses it--
    (a)  if it relates to the affairs of an individual, during that individual's lifetime;
    (b)  if it relates to any particular business of a body, while that business continues to be carried on.
    (2)  For the purposes of subsection (1) a disclosure is improper unless it is made--
    (a)  with the consent of the person from whom it was obtained and, if different--
          (i)  the individual to whose affairs the information relates, or
          (ii)  the person for the time being carrying on the business to which the information relates;
    (b)  to facilitate the performance by a person mentioned in the first column of the table set out in Part I of Schedule 18A of a function mentioned in the second column of that table;
    (c)  in pursuance of a Community obligation;
    (d)  for the purpose of criminal proceedings in any part of the United Kingdom;
    (e)  in connection with the investigation of any criminal offence triable in the United Kingdom or any part of the United Kingdom;
    (f)  with a view to the institution of, or otherwise for the purposes of, civil proceedings brought under or in connection with--
          (i)  a competition provision; or
          (ii)  a specified enactment.
    (3)  A person guilty of an offence under this section is liable--
    (a)  on summary conviction, to a fine not exceeding the statutory maximum;
    (b)  on conviction on indictment, to imprisonment for a term not exceeding two years or to a fine or to both.
    (4)  Section 343 does not apply to competition information.
 
    (5)  Competition information" means information which--
    (a)  relates to the affairs of a particular individual or body;
    (b)  is not otherwise in the public domain; and
    (c)  was obtained under or by virtue of a competition provision.
    (6)  Competition provision" means any provision of--
    (a)  an order made under section (Competition scrutiny);
    (b)  Chapter III of Part X; or
    (c)  Chapter II of Part XVIII.
    (7)  Specified enactment" means an enactment specified in Part II of Schedule 18A.")
Competition information.
  
After Clause 406
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Insert the following new Clause-- 
 ("Jurisdiction 
     .--(1) Proceedings arising out of any act or omission (or proposed act or omission) of--
    (a)  the Authority,
    (b)  the competent authority for the purposes of Part VI,
    (c)  the scheme manager, or
    (d)  the scheme operator,
in the discharge or purported discharge of any of its functions under this Act may be brought before the High Court or the Court of Session.
 
    (2)  The jurisdiction conferred by subsection (1) is in addition to any other jurisdiction exercisable by those courts.")
Jurisdiction in civil proceedings.
  
Before Schedule 19
 
  
BY THE LORD McINTOSH OF HARINGEY
 
     Insert the following new Schedule-- 
 ("SCHEDULE 18A 
 COMPETITION INFORMATIOn 
 PART I 
 PERSONS AND FUNCTIONS FOR THE PURPOSES OF SECTION (COMPETITION INFORMATION) 
     1. The Table set out after this paragraph has effect for the purposes of section (Competition information)(3)(b). 
 TABLE 
 PersonFunction 
 1. The Commission.Any function of the Commission under Community law relating to competition. 
 2. The Comptroller and Auditor General.Any function of his. 
 3. A Minister of the Crown.Any function of his under a specified enactment. 
 4. Director General of Telecommunications.Any function of his under a specified enactment. 
 5. Director General of Gas SupplyAny function of his under a specified enactment 
 6. The Director General of Gas for Northern Ireland.Any function of his under a specified enactment. 
 7. The Director General of Electricity Supply.Any function of his under a specified enactment. 
 8. The Director General of Electricity Supply for Northern Ireland.Any function of his under a specified enactment. 
 9. The Director General of Water Services.Any function of his under a specified enactment. 
 10. The Civil Aviation Authority.Any function of that authority under a specified enactment. 
 11. The Rail Regulator.Any function of his under a specified enactment. 
 12. The Director General of Fair Trading.Any function of his under a specified enactment. 
 13. The Competition Commission.Any function of the Competition Commission under a specified enactment. 
 14. The Authority.Any function of the Authority under a specified enactment. 
 15. A person of a description specified in an order made by the Treasury.Any function of his which is specified in the order. 
 
 PART II 
 THE ENACTMENTs 
     1. The Fair Trading Act 19731973 c. 41.
     2. The Consumer Credit Act 19741974 c. 39.
     3. The Estate Agents Act 19791979 c. 38.
     4. The Competition Act 19801980 c. 21.
     5. The Telecommunications Act 19841984 c. 12.
     6. The Airports Act 19861986 c. 31.
     7. The Gas Act 19861986 c. 45.
     8. The Control of Misleading Advertisements Regulations 1988S.I. 1988/915.
     9. The Electricity Act 19891989 c. 29.
     10. The Broadcasting Act 19901990 c. 42.
     11. The Water Industry Act 19911991 c. 56.
     12. The Electricity (Northern Ireland) Order 1992S.I. 1992/231
(N.I. 1).
     13. The Railways Act 19931993 c. 43.
     14. Part IV of the Airports (Northern Ireland) Order 1994S.I. 1994/426
(N.I. 1).
     15. The Gas (Northern Ireland) Order 1996S.I. 1996/275
(N.I. 2).
     16. The EC Competition (Articles 88 and 89) Enforcement Regulations 1996S.I. 1996/2199.
     17. The Unfair Terms in Consumer Contracts Regulations 1999
 
    18. This Act.
 
    19. An enactment specified for the purposes of this paragraph in an order made by the Treasury.")
S.I. 1999/2083.
 
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