Competition Act 1980

29 Exemption of certain undertakings from Restrictive Trade Practices Acts.U.K.

(1)The M1Restrictive Trade Practices Act 1976 shall not apply in relation to any agreement by virtue only of restrictions being accepted or information provisions being made under it which are comprised in undertakings which have been—

[F1(za)accepted pursuant to a proposal under section 56A of the Fair Trading Act 1973 (within the meaning of that Act) or under section 56F of that Act, or]

(a)given pursuant to section [F275G or]88 of [F3the said Act of 1973], or

(b)certified by the Secretary of State under paragraph 9 of Schedule 11 to the said Act of 1973, or

(c)accepted under section 4 or 9 above.

(2)The said Act of 1976 and Part I of the M2Restrictive Trade Practices Act 1956 shall be deemed never to have applied in relation to any agreement by virtue only of restrictions being accepted or information provisions being made under it which are comprised in undertakings falling within paragraph (a) or (b) of subsection (1) above.

Textual Amendments

F3Words in s. 29(1)(a) substituted (3.1.1995) by 1994 c. 40, ss. 39, 82(2), Sch. 11 para. 4(7)(b)

Marginal Citations