Written question asked by Martyn Day (Scottish National Party) on Monday, 9 July 2018, in the House of Commons. It was due for an answer on Thursday, 12 July 2018 (named day). It was answered by Andrew Griffiths (Conservative) on Thursday, 12 July 2018 on behalf of the Department for Business, Energy and Industrial Strategy.

Timesharing: Regulation

Question: 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.

Answer: 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.

Secondary information

Type: Written question
Reference: 162100
Session: 2017-19
Related items: Timesharing
Thursday, 26 April 2018
Written questions
House of Commons
Subjects: Regulation Timesharing
Link: View this Written question on www.parliament.uk