(1) An arrangement is an excluded arrangement for the purposes of this Chapter if it is of a description set out in Schedule 24.
(2) The Secretary of State may by regulations amend Schedule 24 so as to -
(a) add a description of an arrangement to the Schedule;
(b) remove a description of an arrangement from the Schedule;
(c) modify a description of an arrangement set out in the Schedule.
(3) The power under subsection (2)(a) and (c) includes power to provide for an arrangement to be an excluded arrangement -
(a) generally for the purposes of this Chapter;
(b) only for such purposes of this Chapter as are specified.
(4) Regulations under subsection (2) are subject to the affirmative procedure.