Previous Page  366 / 522 Next Page
Information
Show Menu
Previous Page 366 / 522 Next Page
Page Background

could be extended with up to ten (10) days upon written notification of

the supplier; the New Regulation obliges the supplier to execute the

order within the period it is promised, which cannot exceed thirty (30)

days. As a novelty, the New Regulation also entitles the consumer to

terminate the distance contract in the event of nonfulfillment of the

foregoing obligation. In such a case, the supplier is required to return

the payment, including the delivery costs and the default interest, to the

consumer within fourteen (14) days following receipt of the termina-

tion notification, together with the promissory documents obtained

from the consumer, if any.

Notification and return periods in the event of impossibility of the

performance have also changed, obliging the supplier to notify the con-

sumer within three (3) days following its awareness of the impossibil-

ity and to return any payment within fourteen (14) days following its

notification. The former Regulation did not contain any specific notifi-

cation period, and regulated the return period as ten (10) days.

As a newly introduced provision, the New Regulation holds the

seller of the goods liable for any damage and loss until the delivery of

the goods has been made to the consumer, including the period where

the goods are kept by the carrier, unless the consumer requested deliv-

ery through a carrier other than determined by the seller.

Additional Payments

In order to request additional payments from the consumer aside

from the originally agreed amounts arising from the obligations under

the contract, the New Regulation requires the explicit approval of the

consumer. If the consumer made an additional payment due to the fact

that the options presented to him were already selected without his

explicit approval, the supplier is required to return such payment

immediately. This provision means that the options must be presented

to the consumer, and the choice must be made only by the consumer.

Record Keeping

The New Regulation did not change the obligation to retain all

kinds of documents and information relating to the elements of the dis-

tance contract for a period of three (3) years, yet burdens intermediary

350

NEWSLETTER 2015