454 Exclusion of Restrictive Trade Practices Act: recommendations as to implementation of this Part.E+W
Section 16(3) and (5) of the M1Restrictive Trade Practices Act 1976 (recommendations by services supply associations to members) do not apply to—
(a)recommendations made to building societies or recognised bodies about the making of agreements under section 442 (local authority agreements to indemnify mortgagees) or the corresponding Northern Ireland provision, or
(b)recommendations made to lending institutions and savings institutions about the manner of implementing sections 445 to 449 (assistance for first-time buyers) or the corresponding Scottish or Northern Ireland provisions.
Provided that the recommendations are made with the approval of the Secretary of State, or, as the case may be, the Department of the Environment for Northern Ireland, which may be withdrawn at any time on one month’s notice.
Marginal Citations