26Variation and termination of agreement

26 Variation and termination of agreement

26 Variation and termination of agreement

(1) A stewardship administration agreement may be varied or terminated by agreement in writing between the regulator and the product stewardship organisation.

(2) The regulator may, by written notice given to the product stewardship organisation, vary or terminate a stewardship administration agreement without the consent of the product stewardship organisation—

(a) if satisfied that the product stewardship organisation has failed to meet a performance target under the agreement, or

(b) in other circumstances authorised by the agreement.

(3) Without limiting subsection (2), the regulator may vary a stewardship administration agreement without the consent of the product stewardship organisation to provide for a performance target or other matter required by this part or the regulations to be included in the agreement.

(4) The product stewardship organisation is not entitled to any compensation as a result of the variation or termination of a stewardship administration agreement under subsection (2)(a) or (3).

(5) A provision of a stewardship administration agreement is void to the extent to which it purports to exclude, limit or modify the operation of this section.

(6) The regulations may make further provision about the variation or termination of a stewardship administration agreement.