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Section 245 Meaning of “transactional decision”I1I2

United Kingdom

In this Chapter, “transactional decision” means any decision made by a consumer relating to—

(a)

the purchase or supply of a product (including whether, how or on what terms to make the purchase or supply);

(b)

the retention, disposal or withdrawal of a product (including whether, how or on what terms to retain or dispose of it);

(c)

the exercise of contractual rights in relation to a product (including whether, how or on what terms to exercise such rights).

Annotations

Commencement

I1

S. 245 not in force at Royal Assent, see s. 339(1)

I2

S. 245 in force at 6.4.2025 by S.I. 2025/272, reg. 2(1)(3)