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Written question asked by Drew Hendry (Scottish National Party) on Monday, 23 April 2018, in the House of Commons. It was due for an answer on Thursday, 26 April 2018 (named day). It was answered by Andrew Griffiths (Conservative) on Thursday, 26 April 2018 on behalf of the Department for Business, Energy and Industrial Strategy.


Timesharing

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Government plans to update the timeshare regulations to address issues around trying to relinquish timeshares.

Answer

The apparently perpetual nature of some timeshare contracts, or the absence of clauses in contracts covering the circumstances under which consumers might bring the agreement to an end, were not covered by the Timeshare Act 1992 or the former (1994) Timeshare Directive which applied at the time most of these contracts were agreed.

In 2011 new Timeshare, Holiday Products, Resale and Exchange Regulations 2010 legislation came into force to give effect in the UK to a new European Directive. This 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.


Secondary information

Type
Written question
Reference
136940
Session
2017-19
Related items
Timesharing: Regulation
Thursday, 12 July 2018
Written questions
House of Commons
Subjects
Timesharing
Link
View this Written question on www.parliament.uk