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5. The Financial Services (Distance Marketing) Regulations 2004(1) are amended as follows—
(a)in regulation 7—
(i)in paragraph (1) for “paragraph (4)” substitute “paragraphs (1A) and (4)”;
(ii)after paragraph (1) insert the following paragraph—
“(1A) Where a distance contract to which paragraph (1) applies is also a contract for payment services to which the Payment Services Regulations 2009 apply, the supplier is required to provide to the consumer only the information specified in paragraphs 8 to 13, 16, 17 and 21 of Schedule 1.”; and
(b)in regulation 8—
(i)before “The supplier” insert “Subject to paragraph (1A),”;
(ii)after paragraph (1) insert the following paragraph—
“(1A) Where a distance contract to which paragraph (1) applies is also a contract for payment services to which the Payment Services Regulations 2009 apply, the supplier is required to communicate to the consumer all the contractual terms and conditions and the information specified in paragraphs 8 to 13, 16, 17 and 21 of Schedule 1.”; and
(c)regulation 14 is revoked.
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