S.L. 330.7 ст. 4Scope.

(1) These regulations apply to any distance contract service provision scheme organised by a financial services supplier, carrying on financial services activities in or from Malta, and accordingly do not apply to services provided on a strictly one-off or occasional basis or to services falling outside a commercial structure dedicated to the conclusion of distance contracts.

(2) Where a distance contract for financial services does not comprise an initial service agreement but comprises successive operations or a series of separate operations of the same nature performed over time between the same contractual parties, the provisions of regulation 5 apply only when the first operation is performed. Where, however, no operation of the same nature is performed for more than one year, the next operation will be deemed to be the first in a new series of operations and, accordingly, regulation 5 shall apply.

(3) Where a distance contract for financial services comprises an initial service agreement followed by successive operations or a series of separate operations of the same nature performed over time, the provisions of these regulations shall apply only to the initial agreement.