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264 Right to cancel during cooling-off periods
(1) A consumer has the right to cancel a subscription contract during -
(a) the initial cooling-off period, and
(b) any renewal cooling-off period.
(2) The right conferred by subsection (1) -
(a) is exercisable in any circumstances, and
(b) may not be subject to any conditions other than those set out in or under this Chapter.
(3) The right is exercisable by the consumer notifying the trader in accordance with subsection (4) that the consumer is cancelling the contract.
(4) A notification under subsection (3) may be given by the consumer making a clear statement setting out their decision to cancel the contract.
(5) A subscription contract is cancelled from the time that such a notification is given.
(6) Where a subscription contract is cancelled under this section -