This section has no associated Explanatory Memorandum
14. In section 46(3)(1)—
(a)omit paragraphs (b) and (d);
(b)in paragraph (e), for “parallel exemption” substitute “retained exemption”;
(c)omit paragraph (f).
(1)
Section 46(3) was substituted by S.I. 2004/1261 and subsequently amended by paragraphs 1 and 26 of Schedule 5 to the Enterprise and Regulatory Reform Act 2013 and S.I. 2012/1809.