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12 February 2010
Issue: 7404 / Categories: Legislation
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Competition Act 1998

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Competition Act 1998 (Land Agreements Exclusion Revocation) Order 2010 (SI 2010/Draft)

Revokes the Competition Act 1998 (Land Agreements Exclusion and Revocation) Order 2004 (SI 2004/1260) which excludes land agreements from the prohibition on anti-competitive agreements imposed by the Competition Act 1998, s 2.

The Chapter I prohibition will apply uniformly to all agreements without exception, removing any scope for doubt that land agreements must be properly assessed and made compatible with the Chapter I prohibition the same way as any other type of agreement.

The effect of the revocation will be delayed by one year to allow business time to make adjustments as necessary to agreements relating to land. Accordingly, the exclusion order will continue to have effect until 6 April 2011.

 

In force : 6 April 2011

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