Explanatory note

This Order makes provision in connection with the approval by the Secretary of State by order under section 29 of the Restrictive Trade Practices Act 1976 (as amended by section 33 of the Channel Tunnel Act 1987) of the channel tunnel agreement providing for the corporate structure of the Concessionaires.

This Order provides for The Channel Tunnel Group Limited and France Manche SA, being parties to that agreement, and bodies corporate which are members of the same group as either of them, to be deemed to be interconnected bodies corporate for the purposes of the Restrictive Trade Practices Act 1976, in relation to channel tunnel agreements made in pursuance or furtherance of that agreement. The term “channel tunnel agreement” is defined in section 33(12) of the Channel Tunnel Act 1987. If, on the coming into force of this Order, the Restrictive Trade Practices Act 1976 does not apply to an agreement then, by virtue of section 33(8) of the Channel Tunnel Act 1987, it shall be deemed never to have applied to that agreement.

This Order comes into force on 16th February 1988.