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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 23 February 2011 - onwards
Version 2 of 2

Regulation 11 Information provisions regarding right of withdrawal

(1) Before the conclusion of the regulated contract, the trader shall explicitly draw the consumer's attention to each of the following provisions which shall be contained in the contract:

(a) existence of the right of withdrawal under Regulation 13;

(b) the length of the withdrawal period under Regulation 13;

(c) the prohibition on advance payments during the withdrawal period under Regulation 16(1).

(2) The trader shall obtain the signature of the consumer in relation to each provision of the regulated contract referred to at paragraph (1) (a), (b) and (c).

(3) In order to facilitate the exercise of the right of withdrawal under Regulation 13, a regulated contract shall include a separate standard withdrawal form referred to in Regulation 10(1) (d),

(4) A trader who contravenes this Regulation is guilty of an offence.