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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 11 June 2010 - onwards
Version 3 of 3

Schedule 2 Information to be given by Supplier Before Entering Into Distance Marketing Contract by Telephone

Regulation 7.

The following is the information that must be given by a supplier before entering into a distance contract by telephone for the supply of a financial service to a consumer:

(a) the identity of the person in contract with the consumer and that person's relationship to the supplier;

(b) a description of the main characteristics of the service;

(ba) where the financial service is a credit agreement to which the European Communities (Consumer Credit Agreements) Regulations 2010 (S.I. No. of 2010) apply, the following particulars:

(i) the total amount of credit and the conditions governing its drawdown;

(ii) the duration of the credit agreement;

(iii) in the cases of credit in the form of deferred payment for a specific good or service and a linked credit agreement, the good or service concerned and its cash price;