Timesharing: Regulation

(asked on 9th July 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 23 April 2018 to Question 136940 on Timesharing, what assessment he has made of the effectiveness of the provisions for people who entered into timeshare contracts before the new regulations came into force.


Answered by
Andrew Griffiths Portrait
Andrew Griffiths
This question was answered on 12th July 2018

We have not made such an assessment, however we recognise that before the introduction of the Timeshare, Holiday Products, Resale and Exchange Regulations 2011, UK consumer’s received consumer protections under the Timeshare Act 1992. The previous regulations did not include provisions to protect consumers from the apparently perpetual nature of some timeshare contracts. The new regime provides improved protections for consumers buying and selling timeshares and other long-term “holiday club” memberships including provision for consumers to withdraw from the contract. At the time of implementing the 2011 Regulations an impact assessment was undertaken.

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