Section 8
Block exemption
If agreements which fall within a particular category of agreements are, in the opinion of the Commission, likely to be agreements to which section 5 applies, the Commission may, by order published in the Gazette, grant an exemption to the particular category of agreements.
(2)
An exemption granted under this section is referred to as a “block exemption”.
(3)
An agreement which falls within a category specified in a block exemption is exempt from the prohibition under section 4.
(4)
The Commission in granting the block exemption may impose any condition or obligation subject to which a block exemption shall have effect.
Competition 15
(5)
A block exemption may provide that—
(a)
if there is a breach of a condition imposed by the block exemption, the Commission may, by notice in writing, cancel the block exemption in respect of the agreement from the date of the breach;
(b)
if there is a failure to comply with an obligation imposed by the block exemption, the Commission may, by notice in writing, cancel the block exemption in respect of the agreement;
(c)
if the Commission considers that a particular agreement is not one to which section 5 applies, the Commission may, by notice in writing, cancel the block exemption in respect of the agreement from such date as the
Commission may specify;
(d)
the block exemption shall cease to have effect at the end of a period specified in the order; or
(e)
the block exemption is to have effect from a date earlier than that on which the order is made.