The Office of Fair Trading (OFT) has published for consultation draft guidance for businesses on the application of competition law following the revocation of the Land Agreements Exclusion Order. Restrictions in land agreements have benefited from special treatment under UK competition law. However, from 6 April 2011, restrictions in land agreements that prevent, restrict or distort competition will be void and unenforceable and companies involved in such agreements can be fined up to 10 per cent of their annual worldwide turnover. The OFT expects that only a minority of restrictions contained in land agreements will be deemed anti-competitive. The types of restrictions most likely to give rise to competition issues are those that exclude businesses from a market or make it more difficult to compete. The consultation closes on 14 January 2011. Definitive guidance is expected to be published later in 2011.