Hong Kong is preparing to introduce a mandatory seven-day cooling-off period for prepaid beauty and fitness contracts by mid-2027. The proposed legislation aims to protect consumers from potentially unfair sales practices in these sectors. While the beauty and fitness industries generally support the cooling-off period, discussions are ongoing regarding the specific threshold for contract exemptions, with proposals ranging from HK$3,000 to HK$15,000. AI
RANK_REASON Significant policy development regarding consumer protection legislation in Hong Kong. [lever_c_demoted from significant: ic=1 ai=0.0]
- Algernon Yau
- HK$15,000
- HK$3,000
- Hong Kong
- Legislative Council of Hong Kong
- Trade Descriptions Ordinance
- US$542
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