OpenLegislation

Paragraph 2

United Kingdom

(1)

The following provisions of this paragraph apply where F1, after an agreement is made, it becomes an agreement in respect of which particulars fall to be furnished under section 24 above.

(2)

If, before the expiry of the time within which, apart from this paragraph, particulars would be required to be furnished in respect of the agreement, and before particulars have been so furnished, the agreement is determined (whether by effluxion of time or otherwise), section 24(1) above F2(so far as applicable) and paragraph 1 above shall cease to apply to the agreement.

(3)

If, before the expiry of that time and before particulars have been furnished in respect of the agreement, the agreement is varied, the particulars to be furnished under section F324(1) shall be particulars of the agreement as varied, and paragraph 1 above shall not apply in relation to the variation.

F4(4)

Where the time for furnishing particulars of an agreement is determined by entry (f) of the Table in paragraph 5(1) below—

(a)

sub-paragraph (2) above shall not apply where the restrictions made or information provisions accepted under the agreement take effect before the agreement is determined, and

(b)

sub-paragraph (3) above shall only apply to variation of the agreement before the restrictions made or information provisions accepted under it take effect.

Annotations

Textual amendments

F1

Words in Sch. 2 para. 2(1) substituted (3.1.1995) by 1994 c. 40, ss. 10(4), 82(2)(a)(b), Sch. 3 para. 7(3)

F2

Words in Sch. 2 para. 2(2) inserted (3.1.1995) by 1994 c. 40, ss. 10(4), 82(2)(a)(b), Sch. 3 para. 7(4)

F3

Word in Sch. 2 para. 2(3) substituted (3.1.1995) by 1994 c. 40, ss. 10(4), 82(2)(a)(b), Sch. 3 para. 7(5)

F4

Sch. 2 para. 2(4) inserted (19.3.1996) by 1996/347, art. 5

Notes on the whole Act

Textual amendments

F1

Act repealed (1.3.2000) by 1998 c. 41, ss. 1(b), 74(3), Sch. 14 Pt. I (with Sch. 13); S.I. 2000/344, art. 2, Sch.

Notes on Schedule 2

Modifications

C1

Sch. 2 modified by Financial Services Act 1986 (c. 60, SIF 69), ss. 125(6), 140, Sch. 11 para. 36(2) and by S.I. 1990/593 (N.I. 5), art. 49(1), Sch. 14 para. 9(5)