Effect of failure to comply with paragraph 2 or 3U.K.
4U.K.Failure to comply with any requirement of paragraph 2 or 3 in respect of any sale—
(a)is actionable against the Secretary of State at the suit of any person suffering loss in consequence of the sale; but
(b)after the sale has taken place, does not affect its validity.
Commencement Information
I1Sch. 1 para. 4 partly in force; Sch. 1 para. 4 not in force at Royal Assent see s. 170(4); Sch. 1 para. 4 in force for certain purposes at 3.4.2000 by S.I. 2000/464, art. 2, Sch.