Termination clauses in supply contracts Section 14: Protection of supplies of goods and services
This section inserts two new sections, 233B and 233C and Schedule 4ZZA, into the Insolvency Act 1986. Section 233B prohibits the use of termination and other insolvency related clauses in contracts for the supply of goods and services unless exempted under Schedule 4ZZA. Section 233C includes powers to amend both 233B and the exemptions listed in Schedule 4ZZA, by regulations.