Section 50 Vertical agreements and land agreements.

United Kingdom

(1)

The Secretary of State may by order provide for any provision of this Part to apply in relation to—

(a)

vertical agreements, or

(b)

land agreements,

with such modifications as may be prescribed.

(2)

An order may, in particular, provide for exclusions or exemptions, or otherwise provide for prescribed provisions not to apply, in relation to—

(a)

vertical agreements, or land agreements, in general; or

(b)

vertical agreements, or land agreements, of any prescribed description.

(3)

An order may empower the F1CMA to give directions to the effect that in prescribed circumstances an exclusion, exemption or modification is not to apply (or is to apply in a particular way) in relation to an individual agreement.

(4)

Subsections (2) and (3) are not to be read as limiting the powers conferred by section 71.

(5)

In this section—

“land agreement” and “vertical agreement” have such meaning as may be prescribed; and
“prescribed” means prescribed by an order.

Annotations

Textual amendments

F1: Word in s. 50(3) substituted (1.4.2014) by Enterprise and Regulatory Reform Act 2013 (c. 24), s. 103(3), Sch. 5 para. 29 (with s. 28); S.I. 2014/416, art. 2(1)(d) (with Sch.)