PART 2 U.K.KEY DEFINITIONS

“Consumer” and “trader” U.K.

11.—(1) In these Regulations—

“consumer” means an individual who is not acting for the purposes of a trade, business, craft or profession;

“trader” means—

(a)

a person acting for purposes relating to that person's trade, business, craft or profession, or

(b)

anyone acting in the name of, or on behalf of, a person falling within paragraph (a).

(2) Any reference in these Regulations to a consumer or trader in relation to a regulated contract, means—

(a) in the case of a contract which has been entered into, the consumer or trader who is party to the contract, or

(b) in the case of a proposed contract, the consumer and trader who will be parties to the contract, once it is entered into.