Regulation 15 Withdrawal rights
A person (“P”) who has agreed to buy or subscribe for a qualifying cryptoasset offered to the public may withdraw the acceptance in such circumstances and in such manner as may be specified by designated activity rules made by virtue of regulation 9.
Designated activity rules made by virtue of regulation 9 may include provision—
requiring the relevant person to take such steps as may be specified by those rules to inform P of their entitlement to withdraw the acceptance of a right conferred by virtue of paragraph (1);
providing that, in the event of a failure by the relevant person to comply with a duty imposed under sub-paragraph (a), a transaction resulting from P’s acceptance of the offer is to be void or unenforceable.
In paragraph (2) “the relevant person” means—
the person responsible for the offer, or
the intermediary through whom the qualifying cryptoasset is bought or subscribed for.
This regulation does not limit a right that P may have otherwise than by virtue of this regulation.