F1Part 1 of the Competition Act 199812.

(1)

Nothing in articles 4 to 9 of this Order shall have the effect that it is unlawful to make or carry out a provision of an agreement insofar as the making or carrying out of that provision is exempted (as to which see paragraph (2)).

(2)

The making or carrying out of a provision of an agreement is exempted if F2the agreement is exempt from the Chapter 1 prohibition as a result of—

(a)

section 9 of the Competition Act 1998; or

(b)

a block exemption or a retained exemption.

F3(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4)

In this article—

“agreement” means an agreement between undertakings, a decision of an association of undertakings or a concerted practice, F4and those expressions have the same meaning as they do for the purposes of the Competition Act 1998; and

F5...

F6block exemption” has the meaning given by section 6(4) of the Competition Act 1998;

F6the Chapter 1 prohibition” has the meaning given by section 2(8) of the Competition Act 1998;

F6retained exemption” has the meaning given by section 10(3) of the Competition Act 1998.