SCHEDULES

SCHEDULE 2U.K.Consumer contract terms which may be regarded as unfair

PART 2 U.K.Scope of Part 1

Sale of securities, foreign currency etcU.K.

24U.K.Paragraphs 8 (cancellation without reasonable notice), 11 (variation of contract without valid reason), 14 (determination of price after consumer bound) and 15 (increase in price) do not apply to—

(a)transactions in transferable securities, financial instruments and other products or services where the price is linked to fluctuations in a stock exchange quotation or index or a financial market rate that the trader does not control, and

(b)contracts for the purchase or sale of foreign currency, traveller's cheques or international money orders denominated in foreign currency.

Commencement Information

I1Sch. 2 para. 24 in force at 1.10.2015 by S.I. 2015/1630, art. 3(g) (with art. 6(1))