SCHEDULES

SCHEDULE 3Enforcement of the law on unfair contract terms and notices

Undertakings

I16

1

A regulator may accept an undertaking from a person against whom it has applied, or thinks it is entitled to apply, for an injunction or interdict under paragraph 3.

2

The undertaking may provide that the person will comply with the conditions that are agreed between the person and the regulator about the use of terms or notices, or terms or notices of a kind, specified in the undertaking.

3

If a regulator other than the CMA accepts an undertaking, it must notify the CMA of—

a

the conditions on which the undertaking is accepted, and

b

the person who gave it.