1(1)To the extent to which an agreement (either on its own or when taken together with another agreement)—U.K.
(a)constitutes a designated professional rule,
(b)imposes obligations arising from designated professional rules, or
(c)constitutes an agreement to act in accordance with such rules,
the Chapter I prohibition does not apply to the agreement.
(2)In this Schedule—
“designated” means designated by the Secretary of State under paragraph 2;
“professional rules” means rules regulating a professional service or the persons providing, or wishing to provide, that service;
“professional service” means any of the services described in Part II of this Schedule; and
“rules” includes regulations, codes of practice and statements of principle.