Regulation 6 Contracts to which the information relates

(1)

A qualifying contract is a relevant contract which satisfies the conditions in paragraphs (2) and (3).

(2)

The first condition is that the relevant contract is not a contract for financial services, as defined in section 2 of the Small Business, Enterprise and Employment Act 2015.

(3)

The second condition is that the relevant contract is—

(a)

governed by the law of a part of the United Kingdom otherwise than by choice of the parties;

(b)

governed by the law of a part of the United Kingdom by choice of the parties, and—

(i)

has a significant connection with that part of the United Kingdom, or

(ii)

without that choice, its applicable law would still be the law of a part of the United Kingdom; or

(c)

governed by a foreign law by choice of the parties and—

(i)

without that choice, its applicable law would be the law of a part of the United Kingdom, and

(ii)

has no significant connection with any country outside the United Kingdom.

(4)

In this regulation “foreign law” means the law of a country outside the United Kingdom.