§ 3-10. Individual services under an initial agreement

The Financial Contracts Act (Finansavtaleloven)·LOV-2020-12-18-146

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The text of the law (unofficial translation)

§ 3-10. Special provisions on individual financial services

§ 3-9 first to third paragraphs do not apply to individual financial services (finansielle tjenester) covered by an initial agreement on such financial services, when the initial agreement has been entered into in accordance with § 3-9 first to third paragraphs.
Source: Lovdata — Finansavtaleloven (the Financial Contracts Act) § 3-10

What does this mean?

The requirements for a written agreement, authentication and signature in § 3-9 do not need to be met again for each individual service under an initial agreement (framework agreement). This assumes that the framework agreement itself was entered into correctly. The simplification applies only to the individual services, not to the framework agreement itself.

The section belongs to chapter 3 on financial services and is an exception to § 3-9 on entering into the agreement. It comes just before § 3-11, which concerns agreements with several consumers (forbrukere), and § 3-12 on the content of the agreement.

Related sections
All sections of the Financial Contracts Act →