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In HBook->Misc, you will find a setting to display Terms and Conditions section. Once you have set that setting to "Yes", you can customize the text displayed for that checkbox in Hbook->Text->Book now area.
If you wish to add a link to your terms and conditions page, it will look like this for example:
I have read and I accept the <a href="mysite.com/terms-and-condition-url" target="_blank">terms and conditions</a> for this booking.