OpenLegislation

Paragraph 6 Amendment or termination of qualifying contractsI1I2

England, Wales and Scotland

(1)

The GEMA may amend a qualifying contract.

(2)

Before making an amendment under sub-paragraph (1), the GEMA must—

(a)

send a notice about the proposed amendment to the persons listed in sub-paragraph (4), and

(b)

consider any representations made within the period specified in the notice about the proposed amendment or the date from which it would take effect.

(3)

A notice under sub-paragraph (2) must—

(a)

state that the GEMA proposes to make an amendment;

(b)

set out the proposed amendment and its effect;

(c)

specify the date from which the GEMA proposes that the amendment will have effect;

(d)

state the reasons why the GEMA proposes to make the amendment.

(4)

The persons mentioned in sub-paragraph (2)(a) are—

(a)

each person who is a party to the contract to which the proposed amendment relates;

(b)

any person liable by virtue of paragraph 12 to make a payment by way of compensation as a result of the proposed amendment;

(c)

such other persons as the GEMA considers appropriate.

(5)

If, after complying with sub-paragraphs (2) to (4) in relation to an amendment, the GEMA decides to make an amendment, it must send a notice to the persons listed in sub-paragraph (4) about the decision.

(6)

A notice under sub-paragraph (5) must—

(a)

state that the GEMA has decided to make the amendment;

(b)

set out the amendment and its effect;

(c)

specify the date from which the amendment has effect;

(d)

state how the GEMA has taken account of any representations made in the period specified in the notice under sub-paragraph (2);

(e)

state the reason for any differences between the amendment set out in the notice and the proposed amendment.

(7)

In this paragraph, “amend”, in relation to a contract, includes terminate.

Annotations

Commencement

I1

Sch. 12 para. 6 not in force at Royal Assent, see s. 334(1)

I2

Sch. 12 para. 6 in force at 10.9.2024 by S.I. 2024/890, reg. 2(b)(ix)