SCHEDULES

SCHEDULE 13 Transitional Provisions and Savings

Part IV On and After the Starting Date

Chapter V Extending the transitional period

C136

1

A party to an agreement for which there is a transitional period may apply to the Director, not less than three months before the end of the period, for the period to be extended.

2

The Director may (on his own initiative or on an application under sub-paragraph (1))—

a

extend a one-year transitional period by not more than twelve months;

b

extend a transitional period of any period other than one year by not more than six months.

3

An application under sub-paragraph (1) must—

a

be in such form as may be specified; and

b

include such documents and information as may be specified.

4

If the Director extends the transitional period under this paragraph, he must give notice in such form, and to such persons, as may be specified.

5

The Director may not extend a transitional period more than once.

6

In this paragraph—

  • person” has the same meaning as in Part I; and

  • specified” means specified in rules made by the Director under section 51.