rss feed
change language
french german spanish
 
wilson nesbitt logo
Northern Ireland's Innovative Online Legal Services Solutions Provider.
 
our services

Please select a service we provide from the menu.

 
 
search
 
 
login

Login to retrieve or track an existing case.


login
 
 
staff search
 
Prepad legal services
OnlinePayments graphic
WNLive graphic
 
cms
 
This is proposed to have to be implemented by national domestic legislation by 30th June 2002 and will provide if implemented:
  • "Pre-Contract Information"; Consumers have to be provided with a comprehensive set of information, the contractual terms and conditions, in a durable medium (print or Writing), allowing consumers to compare various offers and examine the contract adequately before concluding the contract.
  • A "cooling off" period of between 14 and 30 days for most financial products to allow the consumer to withdraw from the contract without penalty. Mortgage loans which have concluded are exempt (as are trading in securities, foreign exchange services, certain short term non-life insurance products).
  • The right to be refunded and other basic consumer rights in cases where financial services ordered were partially or totally unavailable.
  • The supplier's right to be compensated if the consumer decides to withdraw once performance of the service had already begun.
  • A prohibition on "inertia selling" (i.e. on providing distance services which have not been requested).
  • Limitations on "cold calling" and other distance communications without the prior consent of the consumer.
  • Complaints and redress procedures; facilitation of extra judicial settlement of financial services disputes.
If you would like more information please contact an experienced member of our team profiled on the right of this web page, telephone 0800 052 1541 or email business@wilson-nesbitt.com.

 
 
call me back
Katharine KimberKatharine Kimber
Partner, Commercial Litigation & Debt Recovery
» read more