(1)The M1Restrictive Trade Practices Act 1976 shall not apply, and shall be deemed never to have applied, to any relevant networking arrangements which are specified, or are of a description specified, in an order made by the Secretary of State (whether before or after the making of those arrangements) and which satisfy such conditions as may be so specified.
(2)In subsection (1) “relevant networking arrangements” means—
(a)any arrangements entered into as mentioned in section 39(4) or (7)(b) above, or
(b)any agreement not falling within paragraph (a) but made for the purpose mentioned in section 39(1) above.
(3)Before making an order under subsection (1) the Secretary of State shall consult the Independent Television Commission and the Director General of Fair Trading; and such an order shall be subject to annulment in pursuance of a resolution of either House of Parliament.
Marginal Citations