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Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Version date: 24 May 2024 - onwards

Schedule 23, Part 3 Reminder notices (paras. 29-39)

Section 256

29 The information referred to in section 259(1)(a) (information that must be contained in a reminder notice) is as follows.

30 That the consumer will become liable for the renewal payment to which the notice relates unless the consumer takes steps to bring the contract to an end.

31 The date ("the renewal date") on which the consumer will become liable for the renewal payment and its amount.

32 The amount of the previous renewal payment for which the consumer became liable under the contract (if any).

33 If the renewal payment to which the notice relates is a higher amount than that previous renewal payment, that information and the difference in the amount.

34 If, having not brought the contract to an end before the renewal date, the consumer will become automatically liable for one or more further payments under the contract (ignoring any subsequent renewal payment) -

(a) the frequency with which the consumer will become liable for those payments, and

(b) the minimum amount that the consumer will become liable for on each occasion (or how that amount is to be calculated if it cannot reasonably be calculated in advance).

35 The amount of any payments equivalent to those mentioned in paragraph 34 for which the consumer became liable after the previous renewal payment.