Regulation 29 Early termination: managed contracts
(1)
Paragraph (2) applies where—
(a)
a termination notice provides for an early termination;
(b)
at the date of the termination notice there is a managed contract;
(c)
the rights period of that contract ends after the termination date; and
(d)
the termination notice is not withdrawn.
(2)
Where this paragraph applies—
(a)
the Secretary of State must give a direction under regulation 24(1) in respect of the managed contract; and
(b)
the cessation date referred to in regulation 24(2)(b)(ii) which applies in respect of that direction must be no later than the termination date.