The Competition Act 1998 (Land Agreements Exclusion and Revocation) Order 2004
| Jurisdiction | UK Non-devolved |
| Citation | SI 2004/1260 |
| Year | 2004 |
2004 No. 1260
COMPETITION
The Competition Act 1998 (Land Agreements Exclusion and Revocation) Order 2004
Made 30th April 2004
Coming into force 1st May 2005
Whereas the Secretary of State laid a draft of this Order before Parliament on 19th April 2004;
And whereas the said draft as so laid has been approved by resolution of each House of Parliament;
Now therefore the Secretary of State in exercise of the powers conferred on her by sections 50 and 71 of the Competition Act 19981, hereby makes the following Order:
Citation and commencement
1. This Order may be cited as the Competition Act 1998 (Land Agreements Exclusion and Revocation) Order 2004 and shall come into force on 1st May 2005.
Revocation
2. The Competition Act 1998 (Land and Vertical Agreements Exclusion) Order 20002is hereby revoked.
Definitions
3. In this Order—
“the Act” means the Competition Act 1998;
“interest in land” includes any estate, interest, easement, servitude or right in or over land (including any interest or right created by a licence), and in Scotland also includes any interest under a lease and other heritable right in or over land including a heritable security;
“land” includes buildings and other structures and land covered with water;
“land agreement” means an agreement between undertakings which creates, alters, transfers or terminates an interest in land, or an agreement to enter into such an agreement, together with any obligation and restriction to which Article 5 applies;
“party to an agreement” in respect of a land agreement includes a successor in title to a party to the agreement; and
“relevant land” means the land in respect of which a land agreement creates, alters, transfers or terminates an interest, or in respect of which it constitutes an agreement to do so; and “other relevant land” means other land in which a party to a land agreement has an interest.
Exclusion of land agreements from the Chapter I prohibition
4. The Chapter I prohibition shall not apply to an agreement to the extent that it is a land agreement.
Obligations and restrictions
5.—(1) This article applies to an obligation which is accepted by a party to a land agreement in its capacity as holder of an interest—
(a)
(a) in the...
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