Timeshare (Cancellation Notices) Order 1992
| Jurisdiction | UK Non-devolved |
| Citation | SI 1992/1942 |
| Year | 1992 |
1992No. 1942
CONSUMER PROTECTION
The Timeshare (Cancellation Notices) Order 1992
6thAugust1992
10thAugust1992
12thOctober1992
The Secretary of State, in exercise of the powers conferred upon him by section 4(2) and subsections (6), (7) and (8) of section 12 of the Timeshare Act 1992 ( a) , hereby makes the following Order:
1. This Order may be cited as the Timeshare (Cancellation Notices) Order 1992 and shall come into force on 12th October 1992.
2. In this Order, "the Act " means the Timeshare Act 1992.
3. Subject to the following provisions of this Order-
(a) a notice of the right to cancel a timeshare agreement given under section 2 of the Act shall be in the form set out in schedule 1 to this Order;
(b) a blank notice of cancellation which is required by section 4(2) of the Act to accompany a notice as described in (a) above shall be attached to that notice and shall be in the form set out in schedule 2 to this Order;
(c) a notice of the right to cancel a timeshare credit agreement given under section 3 of the Act shall be in the form set out in schedule 3 to this Order;
(d) a blank notice of cancellation which is required by section 4(2) of the Act to accompany a notice as described in (c) above shall be attached to that notice and shall be in the form set out in schedule 4 to this Order.
4. A notice referred to in article 3(a) or (c) shall be printed on a single sheet of paper with the part which sets out section 7 of the Act appearing on the back of the sheet.
5. The lettering of the notices referred to in article 3 shall be easily legible and of a colour which is easily distinguishable from the colour of the paper; and capital letters shall be used in all the places in which they are shown in each schedule and phrases shall be in bold lettering and underlined in accordance with the schedules.
6. No capital letter in any of the notices referred to in article 3 shall be less than 2 millimetres high with lower case letters in proportion.
7. The lettering of the words "YOUR RIGHT TO CANCEL " and "PLEASE READ CAREFULLY " in the notices referred to in article 3(a) and (c) shall be larger than any other lettering on those notices.
(a) 1992 c.35.
8. In the notices referred to in article 3 there shall be inserted in the blank spaces beside the numbers shown in the form set out in the appropriate schedule the following wording or information and the numbers shall not appear in the notices-
in schedule 1-
1. the offeror's reference number, code or other details to enable the contract or offer to be identified;
2. the name of the offeror;
3. the last date on which notice of cancellation may be given;
4. the name and address of a person to whom notice of cancellation may be given;
in schedule 2-
1. the name and address of a person to whom notice of cancellation may be given;
2. the offeror's reference number, code or other details to enable the contract or offer to be identified;
in schedule 3-
1. the creditor's reference number, code or other details to enable the timeshare credit agreement to be identified;
2. the name of the creditor;
3. the last date on which notice of cancellation may be given;
4. the name and address of a person to whom notice of cancellation may be given;
in schedule 4-
1. the name and address of a person to whom notice of cancellation may be given;
2. the creditor's reference number, code or other details to enable the timeshare credit agreement to be identified.
Denton of Wakefield, |
|
Parliamentary Under Secretary of State, |
|
6th August 1992 |
Department of Trade and Industry |
Article 3(a)
Schedule 1
Timeshare Form 1
YOUR RIGHT TO CANCEL PLEASE READ CAREFULLY
NOTICE OF RIGHT TO CANCEL TIMESHARE AGREEMENT UNDER SECTION 2 OF THE TIMESHARE ACT 1992
1 This notice refers to timeshare agreement (1) with (2) that you propose to enter into.
2YOU HAVE UNTIL (3) IN WHICH TO CHANGE YOUR MIND
At any time before or on the above date you may cancel the...
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