Section 64(1)(b) of the Act (which provides for the sending to debtors or hirers of a notice of their right to cancel a cancellable agreement) shall not apply in the case of agreements of the description specified in the Schedule to these Regulations, being agreements made by a particular person, if: -

(a) on an application by that person to the Director, the Director has determined that, having regard to -

(i) the manner in which antecedent negotiations for agreements with the applicant of that description are conducted, and

(ii) the information provided to debtors before such agreements are made,

the requirement imposed by section 64(1)(b) of the Act can be dispensed with without prejudicing the interests of debtors; and

(b) any conditions imposed by the Director in making the determination are complied with.