TITLE IIRULES APPLICABLE TO CONTRACTS

CHAPTER IIThresholds and exclusion provisions

Section 2Contracts and concessions and contracts subject to special arrangements

SUBSECTION 3Exclusions applicable to all contracting entities, but to service contracts only

Article 24Contracts relating to certain services excluded from the scope of this Directive

This Directive shall not apply to service contracts for:

  1. (a)

    the acquisition or rental, by whatever financial means, of land, existing buildings or other immovable property or concerning rights thereon; nevertheless, financial service contracts concluded at the same time as, before or after the contract of acquisition or rental, in whatever form, shall be subject to this Directive;

  2. (b)

    arbitration and conciliation services;

  3. (c)

    financial services in connection with the issue, sale, purchase or transfer of securities or other financial instruments, in particular transactions by the contracting entities to raise money or capital;

  4. (d)

    employment contracts;

  5. (e)

    research and development services other than those where the benefits accrue exclusively to the contracting entity for its use in the conduct of its own affairs, on condition that the service provided is wholly remunerated by the contracting entity.