Skip to main content
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 October 2004 - onwards
Version 2 of 2

Regulation 5

(1) Where a consumer and a supplier enter an initial service agreement and -

(a) successive operations of the same nature, or

(b) a series of separate operations of the same nature,

are subsequently performed between them over time and within the framework of that agreement, then, if any of regulations 7 to 14 apply, they apply only to the initial service agreement.

(2) Where a consumer and a supplier do not enter an initial service agreement and -

(a) successive operations of the same nature, or

(b) a series of separate operations of the same nature,

are performed between them over time, then, if regulations 7 and 8 apply, they apply only -

(i) when the first operation is performed, and

(ii) to any operation which is performed more than one year after the previous operation.

(3) For the purposes of this regulation, "initial service agreement" includes, for example, an agreement for the provision of -

(a) a bank account;

(b) a credit card; or