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Statutory Instrument 1993 No. 1702

The Supply of Razors and Razor Blades (Interim Provision) (Revocation) Order 1993

(The document as of February, 2008)

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STATUTORY INSTRUMENTS

1993 No. 1702

MONOPOLIES AND MERGERS

The Supply of Razors and Razor Blades (Interim Provision) (Revocation) Order 1993

Made8th July 1993
Laid before Parliament8th July 1993
Coming into force8th July 1993

    The Secretary of State, in exercise of the powers conferred on him by section 89(2) and (3)(a) and section 134(2) of the Fair Trading Act 1973, [1][2] hereby makes the following Order:—
        1.    This Order may be cited as The Supply of Razors and Razor Blades (Interim Provision) (Revocation) Order 1993 and shall come into force forthwith.
        2.    The Supply of Razors and Razor Blades (Interim Provision) Order 1991[3] is hereby revoked.



N Hamilton

Parliamentary Under Secretary of State Department of Trade and Industry

8th July 1993





EXPLANATORY NOTE

(This note is not part of the Order)
    This Order revokes the Supply of Razors and Razor Blades (Interim Provision) Order 1991.The earlier Order was made with a view to achieving the purpose of an order which the Secretary of State had under consideration for remedying or preventing the adverse effects specified in a report of the Monopolies and Mergers Commission entitled "Razors and Razor Blades a report on the supply in the United Kingdom of razors and razor blades for wet shaving use" (Cm.1472 published by Her Majesty's Stationery Office).The Secretary of State does not now have under consideration the order which he was considering when the earlier Order was made.
    The earlier Order prohibited Gillette UK Limited from disposing, or agreeing to dispose, of any equity interest which it had in Swedish Match NV or any agreement relating to the equity of Swedish Match.It also prohibited Lustrasilk International UK Limited from disposing, or agreeing to dispose, of any interest which it had in the indebtedness of Swedish Match, and from forgiving or accepting repayment of any debt owed to it by Swedish Match.


ISBN 0 11 034702 1



Notes:

[1] 1973 c. 41.

[2] Section 89(2) was amended by the Companies Act 1989 (c. 40) section 153 and Schedule 20, paragraph 15(2).

[3] S.I. 1991/785.

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