s 40 Continuity obligations: termination
(1) The Secretary of State may by notice terminate an obligation arising under section 33 or 36 . (2) The power under subsection (1) is exercisable by giving a notice to each person— (a) on whom the obligation is imposed, or (b) who has benefited or might have expected to benefit from the obligation. (3) A reference in subsection (1) to obligations under a section includes a reference to obligations under that section as applied under section 35 or 38 .