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Written question asked by Peter Bedford (Conservative) on Tuesday, 8 April 2025, in the House of Commons. It was due for an answer on Wednesday, 23 April 2025 (named day). It was answered by Justin Madders (Labour) on Wednesday, 23 April 2025 on behalf of the Department for Business and Trade.

Timesharing: Misrepresentation

Question

To ask the Secretary of State for Business and Trade, whether his Department plans to review the mis-selling of timeshare schemes.

Answer

Consumers are already protected from mis-selling by consumer law.

Additionally, The Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010 specifically prevent mis-selling and pressure-selling of timeshares and give consumers protections against unfair contracts.

Recognising that tough enforcement is crucial to protecting consumers, the Government has introduced the Digital Market, Competition and Consumers Act 2024. Part 3 of the Act introduces penalties of up to 10% of turnover for breaches of the law and gives the Competition and Markets Authority new powers to take swifter enforcement action without having to go through the courts.

Secondary information

Type
Written question
Reference
45418
Session
2024-26
Subjects
Misrepresentation Timesharing
Link
View this Written question on www.parliament.uk