The Consumer Credit (Notice of Cancellation Rights) (Exemptions) Regulations 1983
Sections 67 to 73 of the Consumer Credit Act 1974 relate to the right of debtors and hirers to cancel certain agreements regulated by the Act within a “cooling-off” period. Section 64 requires a notice of cancellation rights to be sent to the debtor or hirer by post, but enables this requirement to be dispensed with, in relation to such types of agreement as are described in regulations, where the Director General of Fair Trading has determined that this can be done without prejudicing the interests of debtors or hirers, subject to compliance with any conditions which he may impose.