An approach that I have used in the past is to create a metasql which returns the terms and conditions. Then you could simple add a text field in the report definition which references this metasql.
The query would simply look like this:
SELECT 'This is the terms and conditions for a sales order
and the sales order will be governed ny these terms
more more more
more more more' As termsblock1
Then you can use sections in the report to control the page break.
The the item field can be sized to fit the text to be present. Please not in my example the new line is maintained as part of the text string.