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ARTICLE · 31 MARCH 2011

OFT Guidance Relating To Land Agreements Exclusion Order

Last Thursday saw the publication by the OFT of the final form of its Guidance relating to how competition law applies to land agreements following the revocation of the Land Agreements Exclusion Order, which comes into effect on 6 April 2011.

United KingdomReal Estate and Construction
Mark Heighton
Mark Heighton

Last Thursday saw the publication by the OFT of the final form of its Guidance relating to how competition law applies to land agreements following the revocation of the Land Agreements Exclusion Order, which comes into effect on 6 April 2011.

The OFT has gone some way to taking on board comments made by various groups within the real estate sector.  However, the Guidance remains written in a form which is not particularly user friendly for the real estate industry.  Its focus is on a number of technical competition law related definitions.

For anyone in the real estate sector reading the Guidance for the first time, the best place to start is actually the new section 4, together with the scenarios in section 9.

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