(1) This section applies where any agreement or transaction relating to goods, being-
(a) a restricted-use debtor-creditor-supplier agreement, a consumer hire agreement, or a linked transaction to which the debtor or hirer under any regulated agreement is a party, or
(b) a linked transaction to which a relative of the debtor or hirer under any regulated agreement is a party, is cancelled after the debtor or hirer (in a case within paragraph (a)) or the relative (in a case within paragraph (b)) has acquired possession of the goods by virtue of the agreement or transaction.
(2) In this section-
(a) "the possessor" means the person who has acquired possession of the goods as mentioned in subsection (1),
(b) "the other party" means the person from whom the possessor acquired possession, and
(c) "the pre-cancellation period" means the period beginning when the possessor acquired possession and ending with the cancellation.
(3) The possessor shall be treated as having been under a duty throu
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