s 37 Block exemption orders
37.—(1) A block exemption order may impose conditions or obligations subject to which a block exemption has effect. (2) A block exemption order may provide —(a) that breach of a condition imposed by the order has the effect of cancelling the block exemption in respect of an agreement as from such date as the Commission may specify; (b) that if there is a failure to comply with an obligation imposed by the order, the Commission may, by written notice, cancel the block exemption in respect of the agreement as from such date as the Commission may specify; and (c) that if the Commission considers that a particular agreement is not one to which section 41 applies, it may cancel the block exemption in respect of that agreement as from such date as the Commission may specify. (3) A block exemption order may provide for a block exemption to have effect from a date earlier than that on which the order is made. (4) A block exemption order may provide that the order ceases to have effect at the end of a specified period. (5) In this section, “specified” means specified in a block exemption order.