(1) Subject to paragraphs (3), (4) and (5), a payment service provider shall notify users of the payment service of any proposed change in a framework contract or in the information referred to in Regulation 53 at least two months before the proposed date of effect of the change.
(2) In the case of a framework contract that provides for the payment service user concerned to be taken to have accepted any change in the terms of the contract that has been notified to him or her, when the payment service provider concerned notifies the payment service user of a proposed change the payment service provider shall inform the payment service user that -
(a) he or she is to be taken to have accepted the change if he or she does not notify the payment service provider that he or she does not accept it before the proposed date of its entry into force, and
(b) he or she has the right to terminate the contract immediately and without charge before the proposed date of the application of the ch