3(1)The Chapter I prohibition does not apply to an agreement to the extent to which it constitutes, or would if carried out constitute, a transfer of a newspaper or of newspaper assets for the purposes of section 57 of the 1973 Act.
(2)The Chapter II prohibition does not apply to conduct (either on its own or when taken together with other conduct) to the extent to which—
(a)it constitutes such a transfer, or
(b)it is directly related and necessary to the implementation of the transfer.
(3)The exclusion provided by sub-paragraph (1) extends to any provision directly related and necessary to the implementation of the transfer.