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This is not so very surprising. When Welsh law was introduced, there was some discussion as to whether contracts should still refer to 'the law of England and Wales.' The general view at the time was that there was no need to distinguish - yet. However, the logical corollary of Welsh law is that at some point inserting 'the law of England & Wales' may cause confusion, as the two separate sets of laws (even with considerable overlap) may diverge in relevant respects.