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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 26 July 2013 - onwards
  Version 4 of 4    

Regulation 7 Information about contractual terms and conditions: regulations 3, 4 and 5

(1) This regulation applies to an agreement which is -

(a) a distance contract to which regulation 3, 4 or 5 applies, and

(b) which is not entered into by the debtor wholly or predominantly for the purposes of a business carried on, or intended to be carried on, by him.

(2) The creditor must ensure that -

(a) the information provided to the debtor pursuant to regulation 3, 4 or 5 includes the contractual terms and conditions, and

(b) the information provided to the debtor in relation to the contractual obligations which would arise if the distance contract were made accurately reflects the contractual obligations which would arise under the law presumed to be applicable to that contract.

(3) Article 60C(5) and (6) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 applies for the purposes of paragraph (1).

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