Regulation 122 I1

Article 27A (dispute resolution) is amended as follows.

In paragraph (1)(b), for the words from “imposed” to “Directive” substitute “ which satisfies the requirement in paragraph (1A) ”.

After paragraph (1) insert—

“(1A)

The requirement in this paragraph is that either—

(a)

the obligation is an obligation imposed on the holder before F1IP completion day pursuant to the Directive, including such an obligation as modified on or after IP completion day, or

(b)

both the following apply—

(i)

the obligation was imposed on the holder on or after IP completion day, and

(ii)

the obligation is such that, if it had been imposed immediately before IP completion day, it would have been an obligation imposed pursuant to the Directive;

and in this paragraph “the holder” means the holder mentioned in paragraph (1)(a).”.