Waiving or shortening cooling-off period

In force

(1)

A person who proposes to enter into a relevant contract as a buyer may waive the cooling-off period for the relevant contract by giving written notice to the seller of the waiver.

(2)

A buyer under a relevant contract may shorten the cooling-off period for the relevant contract by giving written notice to the seller of the shortening.

This Act’s bill:Explanatory memorandum Second reading speech

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167 Waiving or shortening cooling-off period