Part 4: Consumer rights and disputes Cooling-off rights Section 266: Cooling-off notice
This section details the requirement for a trader to give a consumer a "cooling-off notice" in relation to each renewal cooling-off period. "Cooling-off notices" are notifications to consumers that their contract is continuing, and they have a renewal cooling-off cancellation right. These notifications must contain the other information prescribed in subsection (2) and any other information prescribed in regulations under section 277, subsection (1), paragraph (b). The notice is designed to inform the consumer in simple terms of their cooling-off cancellation right.
	Subsection (3) specifies that the notice must be given on the first day of the renewal cooling-off period or as soon as reasonably practicable afterwards, separately from the giving of any other information, and in accordance with any requirements in regulations made under section 277, subsection (1), paragraph (a).