Paragraph 3

For section 5(1), there shall be substituted—

“5

(1)

Where—

(a)

a defined authority (as a bidding authority) entered into a works contract in the exempt period, and

(b)

had they entered into the contract on the exemption end date they would have infringed section 4 above,

on that date the parties to the contract shall cease to have power to carry it out.”.