SCHEDULES

SCHEDULE 12E+WCollaboration agreements

5(1)Section 23C (collaboration agreements: consultation and supplemental) is amended in accordance with this paragraph.E+W

(2)Omit subsection (1).

(3)After subsection (5) insert—

“(6)If circumstances are such that one or more of the parties to a collaboration agreement would not, at a particular time, have power to enter into a collaboration agreement of that description (whether because of a failure to meet the requirements of section 22A(1) or (5) or otherwise) each person who does not have that power must cease to be a party to the agreement.”.