Paragraph 6
The Restrictive Trade Practices Act 1976f1 shall not apply to any agreement for the constitution of an Operator, including any term deemed to be contained in it by virtue of section 8(2) or 16(3) of that Act.
The said Act of 1976 shall not apply to any agreement the parties to which consist of or include—
an Operator; or
a person who is subject to the rules of an Operator,
by reason of any term the inclusion of which in the agreement is required or contemplated by the rules or guidance of the Operator.
Where approval is withdrawn from an Operator the foregoing provisions shall have effect as if the Operator had continued to have approval until the end of the period of six months beginning with the day on which the withdrawal takes effect.
Where an agreement ceases by virtue of this paragraph to be subject to registration—
the Director shall remove from the register maintained by him under the said Act of 1976 any particulars which are entered or filed in that register in respect of the agreement; and
any proceedings in respect of the agreement which are pending before the Restrictive Practices Court shall be discontinued.
Where an agreement which has been exempt from registration by virtue of this paragraph ceases to be exempt in consequence of a withdrawal of approval from an Operator, the time within which particulars of the agreement are to be furnished in accordance with section 24 of, and Schedule 2 to, the said Act of 1976 shall be the period of one month beginning with the day on which the agreement ceased to be exempt from registration.
Where in the case of an agreement registered under the said Act of 1976 a term ceases to fall within subparagraph (2) in consequence of the withdrawal of approval from an Operator and particulars of that term have not previously been furnished to the Director under section 24 of that Act, those particulars shall be furnished to him within the period of one month beginning with the day on which the term ceased to fall within that subparagraph.
Annotations
Footnotes
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