21.   Coupled with these two general exclusion clauses, it is usual to find an exclusion clause which excludes completely all liability for all breaches caused by force majeure.

22.   The final type of general exclusion clause which is also frequently included is one which restricts or excludes liability for various kinds of economic loss.

23.   The general exclusion clauses discussed in this section which impose blanket exclusions of liability give rise to particular problems under the UCTA.

24.   For all practical purposes a specific exclusion clause which is rendered unenforceable under these circumstances can be regarded as void.

25.   In this chapter only exclusion clauses, disclosure and consent and Chinese walls are considered in detail.

26.   The exclusion clauses which may be incorporated into contracts between firms and their customers may conveniently be divided into three types, although there is some overlap between them.

27.   Beyond this it is not clear whether it is subject to any restrictions other than those imposed by statute and common law on exclusion clauses generally.

28.   A strict approach will be taken to the construction of exclusion clauses and general clauses are unlikely to be held to exclude all aspects of fiduciary duty.

29.   Exclusion clauses are strictly construed but the common law rules on construction will not prevent a clearly worded clause from operating.

30.   Exclusion clauses may not, therefore, always be effective to modify fiduciary duties so as to avoid conflicts between fiduciary duties and duties imposed by regulatory rules.