Subscription Contracts - Time to Act!

Introduction

The Digital Markets, Competition and Consumers Act 2024 made a series of important changes to existing consumer law but one of the least understood is the introduction of the concept of Subscription Contracts. Following a recent announcement by the Prime Minister, the new rules are now scheduled to come into force on 1st January 2027, and traders need to consider now what changes will need to be made to existing processes and procedures to ensure future compliance.

What You Will Learn

This webinar summarises the key issues relating to Subscription Contracts with particular emphasis on the following topics:

• Definition of ‘subscription contracts’
• Automatically recurring
• Increase in original rate
• Excluded contracts
• Pre-contract information to be provided
• Key pre-contract information
• Full pre-contract information
• Provision of reminder notices
• Content and timing
• Cooling off rights
• Initial and renewal cooling off periods
• Cooling off notices
• Criminal enforcement