Commencement of section 117 of, and Schedule 10 to, the Act

2.—(1) The following provisions of the Act come into force on 19th January 2024—

(a) section 117 to the extent that it relates to the provisions listed in sub-paragraph (b);

(b) in Schedule 10—

(i) paragraph 1 to the extent that it relates to the provisions listed in this sub-paragraph;

(ii) paragraph 2 (definition of qualifying defence contract);

(iii) paragraphs 3 to 8 (pricing of qualifying defence contracts);

(iv) paragraphs 9 to 11 (contract profit rate for qualifying defence contracts);

(v) paragraph 12 (allowable costs for qualifying defence contracts);

(vi) paragraphs 13(1) and (2) (reports relating to qualifying defence contracts);

(vii) paragraphs 15 to 17 (qualifying sub-contracts); and

(viii) paragraph 20 (procedure of the Single Source Regulations Office).

(2) The following provisions of the Act come into force on 1st April 2024—

(a) section 117 to the extent that it relates to the provisions listed in sub-paragraph (b);

(b) in Schedule 10—

(i) paragraph 1 to the extent that it relates to the provisions listed in this sub-paragraph;

(ii) paragraph 18 (opinions and determinations made by the Single Source Regulations Office); and

(iii) paragraph 19 (guidance issued by the Single Source Regulations Office).