right of withdrawal

One is information in advance and the other the general right of withdrawal.

We have tried to set terms and conditions within which that right of withdrawal is to be exercised.

What is needed here is a legal right of withdrawal.

The Commission will still play a role, but should not at that stage have the right of withdrawal, which would unbalance the system.

Furthermore, there is a right of withdrawal of the offer even after acceptance.

I welcome the harmonisation of the right of withdrawal within 14 days.

This uniform approach to the right of withdrawal reinforces transparency and legal security in the internal market.

Finally, on the general right of withdrawal.

The right of withdrawal applies to all regulated consumer credit agreements, except:

The right of withdrawal is now a general right and does not now exist only under specified conditions.

In the interests of consumer protection and legal soundness, I think it is necessary to have a general right of withdrawal.

Misunderstandings regularly occur, especially in relation to the purchaser's right of withdrawal and delivery conditions.

The right of withdrawal, Article 4 of the Commission proposal, is subject to a number of very complicated conditions.

Amendment No 15 introduces a sunset provision: a deadline after which a consumer may no longer invoke the right of withdrawal.

This principle has also been retained on the important issue of the right of withdrawal, with the exception of life insurance and old-age pensions.

The uniform annual percentage rate of charges certainly represents unmitigated progress, as does the common uniform right of withdrawal.

There are significant improvements such as the provision of clear information requirements in contracts, and the harmonisation of the provisions on the right of withdrawal.

From now on, consumers will have to be properly informed when they purchase digital content online and will have a right of withdrawal under certain conditions.

Amendment No 17 would exclude from the right of withdrawal contracts whose performance has begun with the consumer's consent, before the end of the withdrawal period.

If we reject the right of reflection, that leads naturally to putting the emphasis on a general right of withdrawal as provided for in these amendments.

In the general directive on distance contracts (97/7/EC), the consumer loses his right of withdrawal. If he accepts that the performance of the contract begins.

It is in response to the often unequal relations between professionals and consumers that the European Parliament has opted for a right of withdrawal set at 14 days.

Additionally, it sets the desired level of harmonisation in distance and off-premises contracts as well as the right of withdrawal at Community level.

We have seen that the stress lies not with the reflection period - and it is right to scrap that - but with an unconditional right of withdrawal.

I am also not opposed to the extension of the withdrawal period to one year if the consumer was not informed of his right of withdrawal (Amendment 116).