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(1)In any agreement to which this Act applies there shall be implied the terms set out in Part I of Schedule 1 to this Act; and this subsection shall have effect notwithstanding any express term of the agreement.
(2)The court may, on the application of either party made within six months of the giving of the statement under section 1(2) above, order that there shall be implied in the agreement terms concerning the matters mentioned in Part II of Schedule 1 to this Act.
(3)The court may, on the application of either party made within the said period of six months, by order vary or delete any express term of the agreement.
(4)On an application under this section, the court shall make such provision as the court considers just and equitable in the circumstances.
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