PROD 5.2 Deferred opt-in for extended warranties

1. (1)

   A firm must:

   1. (a)

      not conclude the sale of an extended warranty; and

   2. (b)

      ensure that no other person to whom the firm has referred the customer concludes the sale of an extended warranty;

until at least two clear days have passed since the required information was provided to the customer (PROD 5.1.1R).

1. (2)

   The period in (1) is one clear day after providing the information if the customer:

   1. (a)

      initiates the conclusion of the sale of the extended warranty;

   2. (b)

      consents to the conclusion of the sale of the extended warranty earlier than provided for in (1); and

   3. (c)

      confirms that they understand the restriction in (1).