11Standard termsU.K.
This section has no associated Explanatory Notes
(1)The Secretary of State may issue standard terms and conditions of CFDs (“standard terms”).
(2)The Secretary of State may from time to time revise standard terms.
(3)Standard terms issued or revised under this section must be in accordance with provision made in regulations.
(4)In issuing or revising standard terms the Secretary of State must have regard to the matters mentioned in section 5(2).
(5)The Secretary of State must publish standard terms as issued or revised under this section.
(6)In publishing standard terms the Secretary of State may designate particular standard terms as terms that may not be modified under section 15.
(7)Different standard terms may be issued for different categories of CFD.