Amendment proposed: 17, in clause 2, page 2, line 34, leave out subsections (7) and (8) and insert—
“(7) No regulations may be made under subsection (1) in relation to an agreement which meets the criteria in subsection (3) or (4) after the end of—
(a) the period of five years beginning with IP completion day (“the initial five year period”), or
(b) such other period as is specified in regulations made by the Secretary of State in accordance with subsection (8).
(8) Regulations under subsection (7)(b) may not extend the initial five year period or any subsequent period beyond the day which falls ten years after IP completion day.”—
This amendment would limit any extension of the window to a maximum of ten years.