Right to cancel certain contracts within cancellation period
11.—(1)  The Minister may make regulations prescribing that a consumer who, in relation to a consumer transaction, has entered into a contract falling within any class of contracts specified in the regulations may cancel the contract within a cancellation period specified in the regulations.
(2)  For the purposes of this section, the Minister may make regulations prescribing —
(a)the manner in which notices of cancellation may be properly given;
(b)any notice that the supplier must give to the consumer and the manner in which such notice may be properly given;
(c)the rights and obligations of parties to a contract cancelled pursuant to regulations made under this section, or any other contract entered into for the purposes of the cancelled contract, including the amount or value of any deposit, security, goods or compensation recoverable in an action arising from the cancellation; and
(d)the effect of cancellation pursuant to regulations made under this section on any rights the parties to the contract may otherwise have.