Victorian Consolidated Legislation

Fair Trading Act 1999 - SECT 67I

What is the effect of cancellation?

67I. What is the effect of cancellation?



(1) If a telephone marketing agreement is cancelled during the cooling-off
period, the agreement is deemed to have been rescinded by mutual consent.

(2) If a telephone marketing agreement is cancelled during the cooling-off
period, any related contract or instrument is void.

(3) Subsection (2) does not affect the operation of the Consumer Credit
(Victoria) Code in its application to a tied loan contract as defined in that
Code.