Part XVIII Recognised Investment Exchanges and Clearing Houses

Chapter III Exclusion from the Competition Act 1998

312 The Chapter II prohibition.

1

The Chapter II prohibition does not apply to—

a

practices of a recognised body;

C1b

the adoption or enforcement of such a body’s regulatory provisions;

c

any conduct which is engaged in by such a body or by a person who is subject to the rules of such a body to the extent to which it is encouraged or required by the regulatory provisions of the body.

2

The Chapter II prohibition means the prohibition imposed by section 18(1) of the M1Competition Act 1998.