Regulation 52 Statutory notice: long term business

Subject to the following provisions of this regulation—

A statutory notice shall be printed on a single sheet of paper.

The lettering of statutory notices and notices of cancellation shall be easily legible; and capital letters and figures shall be used in all the places in which they are shown in the form as set out in Schedule 7.

In statutory notices the lettering of the words “IMPORTANT—YOU SHOULD READ THIS CAREFULLY” shall be set out in larger printing that all other lettering and in bolder printing than all other lettering except that of main headings and subheadings.

In statutory notices and notices of cancellation the lettering of all main headings and subheadings shall be set out in bolder printing than all other lettering except (in the case of a statutory notice) that of the words “IMPORTANT—YOU SHOULD READ THIS CAREFULLY”.

In statutory notices and notices of cancellation there shall be substituted for words contained within square brackets in the appropriate Schedule and for the square brackets containing them the information or wording which, as indicated by those words, should be inserted there.

For the purposes of this regulation and Schedules 7 and 8—

• “notice of cancellation” means a notice of the kind mentioned in section 67B(4)(b) of the 1992 Act;

• “statutory notice” means a notice of the kind mentioned in section 67B(4) of the 1992 Act;

and in the paragraphs in the form set out in Schedule 7 headed “Your right to withdraw from the transaction” the description or title of the person to whom the notice of cancellation should be sent may be substituted for or included with the name of that person.