1004Withdrawal of acceptance

1004 Withdrawal of acceptance (1) A party who accepts an offer may, by written notice served on the offeror, withdraw the acceptance if— (a) the offer provides for the doing of an act or for payment of money, and the act is not done or the money is not paid to the offeree or into court within 28 days after acceptance of the offer or within another time provided for in the offer; or (b) the court grants the party leave to withdraw the acceptance. (2) If the party withdraws acceptance of the offer— (a) except where paragraph (b) provides otherwise, all steps in the proceedings that were taken as a consequence of the acceptance no longer have effect; and (b) the court may, after the offer is withdrawn or when granting leave to withdraw the offer, give directions that— (i) restore the parties as nearly as possible to their positions at the time of acceptance; and (ii) give effect to any steps in the proceedings taken as a consequence of the acceptance; and (iii) provide for the further conduct of the proceedings.