Schedule 2U.K.
50(1)Clause 38A (power of partial revocation) is amended as follows.
(2)For paragraph (1) substitute—
“(1)This clause applies in a case where two or more persons are the Licensee and—
(a)an event mentioned in clause 38(2)(c), (d), (e), (ee) or (g) occurs in relation to one of those persons;
(b)an event mentioned in clause 38(2)(b) occurs which consists of a breach of clause 37A(2) or (4) in relation to a change in control of one of those persons;
(c)an event mentioned in clause 38(2)(j) occurs in relation to a change in control of one of those persons (see clause 37A); or
(d)an event mentioned in clause 38(2)(k) occurs which consists of a failure by one of those persons as mentioned in that provision.”
(3)In paragraph (2), for “or (b)” substitute “, (b), (c) or (d)”.
Commencement Information
I1Sch. 21 para. 50 not in force at Royal Assent, see s. 334(1)
I2Sch. 21 para. 50 in force at 11.1.2024 by S.I. 2024/32, reg. 2(d)(iii)