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Section 24.
Modifications etc. (not altering text)
C1Sch. 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)
1(1)Subject to paragraph 2 below, the duty to furnish particulars in respect of an agreement which at any time is subject to registration shall not be affected by any subsequent variation or determination of the agreement.
(2)If at any time after an agreement has become subject to registration it is varied (whether in respect of the parties or in respect of the terms) or determined otherwise than by effluxion of time, particulars of the variation or determination shall be furnished to the Director.
2(1)The following provisions of this paragraph apply where an agreement becomes subject to registration after it is made.
(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 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 24 shall be particulars of the agreement as varied, and paragraph 1 above shall not apply in relation to the variation.
3Particulars of an agreement shall—
(a)in so far as the agreement, or any variation or determination of it, is made by an instrument in writing, be furnished by the production of the original or a true copy of the instrument;
(b)in so far as the agreement, or any variation or determination of it, is not made by an instrument in writing, be furnished by the production of a memorandum in writing signed by the person by whom the particulars are furnished.
4(1)Particulars may be furnished by or on behalf of any person who is party to the agreement or, as the case may be, was party thereto immediately before its determination.
(2)Where such particulars are duly furnished by or on behalf of any such person the provisions of section 24 and this Schedule shall be deemed to be complied with on the part of all such persons.
5(1)The following Table shows the time within which particulars of agreements and any variation or determination of an agreement, are to be furnished under section 24 and this Schedule:—
Description of agreement | Time for registering particulars |
(a) Agreement made on or after 25th November 1968, other than an agreement to which (b) to (j) below apply. | Before the date on which any restriction accepted or information provision made under the agreement takes effect, and in any case within 3 months from the day on which the agreement is made. |
(b) Agreement approved by order under section 29 or section 30 above which becomes subject to registration by virtue of the expiry or revocation of that order. | Within 1 month from the day on which the agreement becomes so subject. |
(c) Agreement which becomes subject to registration by virtue of the revocation of an order under section 9(5) above. | Within 1 month from the day on which the agreement becomes so subject. |
(d) Agreement which becomes subject to registration by virtue of an order under section 7 above coming into force after the making of the agreement. | Within 3 months from the day on which the agreement becomes so subject. |
(e) Agreement which becomes subject to registration by virtue of an order under section 11 or section 12 above coming into force after the making of the agreement. | Within 3 months from the day on which the agreement becomes so subject. |
(f) Agreement whether made before on or after 25th November 1968 which becomes subject to registration by virtue of a variation on or after that date [F1not being a variation which becomes subject to registration by virtue of an order under section 11 or 12 above]. | Within the time which would apply under (a) above if the agreement were made on the day on which it becomes so subject. |
(g) Agreement which becomes subject to registration by virtue of the expiry or withdrawal of an approval given under section 32 above. | Within 3 months from the day on which the agreement becomes so subject. |
(h) Agreement which was subject to registration on 25th November 1968, of which particulars had not been duly furnished. | Within 3 months from 25th November 1968. |
(i) Variation on or after 25th November 1968 of an agreement (whether made before or after that date) being a variation which extends or adds to the restrictions accepted or information provisions made under the agreement [F2other than a variation to which (ii) below applies]. | Within the time which would apply under (a) above in the case of an agreement made on the day of the variation. |
[F3(ii) Variation of an agreement being a variation which extends or adds to the restrictions accepted or information provisions made under the agreement and which becomes subject to registration by virtue of the revocation or variation of an order made under section 11 or 12 above.] | [F3Within 1 month from the day on which the variation becomes so subject.] |
(j) Any other variation of an agreement, and the determination of an agreement. | Within 3 months from the day of the variation or determination. |
(2)Any reference in the second column of the Table in this paragraph to a period calculated from a specified day is a reference to the period in question inclusive of that day.
Textual Amendments
F1Words added (1.5.1980) by Competition Act 1980 (c. 21), s. 27(4)(a)
F2Words added (1.5.1980) by Competition Act 1980 (c. 21), s. 27(4)(b)
F3Para. (ii) added (1.5.1980) by Competition Act 1980 (c. 21), s. 27(4)(c)
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