European Report on Timeshare 2007
Many timeshares were sold after 2007 and when sold, those timeshares should be compliant to the laws and regulation in Europe. Those laws/regulations are expressed in the other legislation which was eventually adopted in all the member states in the E.U.
It is necessary (when seeking an exit) to consider the underlying thought process of the various representatives so that you and ultimately the court can have the full and unfettered mindset of the participants of the lawmakers.
Here you can browse the report which was ordered by the House of Lords and printed on the 11th December 2007.
In 1997 the European Union Committee was appointed by the House of Lords sort advice from the many industries and consumer’s bodies so as matters relating to timeshare could be fully and openly discussed.
Parliament was also asked to consider European Union documents and other matters relating to timeshare and the European Union”.
Committees were constructed and formed into seven Sub-Committees which were:
Economic and Financial Affairs, and International Trade (Sub-Committee A)
Internal Market (Sub-Committee B)
Foreign Affairs, Defence and Development Policy (Sub-Committee C)
Environment and Agriculture (Sub-Committee D)
Law and Institutions (Sub-Committee E)
Home Affairs (Sub-Committee F)
Social Policy and Consumer Affairs (Sub-Committee G)
The members of those committees are as follows: -
| The Members of the European Union Committee are: | |||||||||||||||||||
| Lord Blackwell | |||||||||||||||||||
| Baroness Cohen of Pimlico | |||||||||||||||||||
| Lord Dykes | |||||||||||||||||||
| Lord Freeman | |||||||||||||||||||
| Lord Grenfell (Chairman) | |||||||||||||||||||
| Lord Harrison | |||||||||||||||||||
| Baroness Howarth of Breckland | |||||||||||||||||||
| Lord Jopling | |||||||||||||||||||
| Lord Kerr of Kinlochard | |||||||||||||||||||
Lord Maclennan of Rogart
Information about the Committee The reports and the evidence presented to those of the Committee were fully published and now available from The Stationery Office. In respect to timeshare consumers, the information is now feely available here. By entering the site via the links provided you will find many publications, along with all the relevant press notices, General Information The Committee’s email address is euclords@parliament.uk Below are the full Terms of Reference By clicking of the different section consumers will fully appreciate the discussion before launching into legal actions against the timeshare developers FOREWORD (what this Report is about) Chapter 1: Setting the Scene Why we did the Inquiry How they conducted the Inquiry Chapter 2: Historical Progress: the Timeshare Market, the UK and the EU The timeshare industry in Europe Box 1: What is “timeshare”? Complaints and Consumer Satisfaction Flaws in the 1994 Timeshare Directive Chapter 3: Holiday Clubs and their Growth Holiday Clubs Box 2: What is a “Holiday Club”? The Holiday Club “Web” Chapter 4: Regulatory Issues The Timeshare Directive and the Unfair Commercial Practices Directive The review of the consumer acquis Common Frame of Reference The right type of legislation? Conclusions and Recommendations Chapter 5: Justification for Regulation Timeshare and self-regulation Scope for strengthening timeshare self-regulation Holiday clubs and self-regulation The EU dimension Conclusions and Recommendations Chapter 6: The right of withdrawal and the “cooling-off” Period Right of withdrawal Charges where the consumer cancels Harmonisation of withdrawal rights Cooling-off period Definition of a “day” in relation to the length of the cooling off period Informing consumers of the cooling-off period Conclusions and Recommendations Chapter 7: Advance Payments during the Withdrawal Period Conclusion and Recommendation Chapter 8: Resale and Exchange Introduction Definition of resale Cooling-off period for resale contracts Proposed ban on advance fees for resale Exchange schemes Exchange schemes: cooling-off period and ban on advance payments Fees paid by consumers for exchange services Conclusions and Recommendation Chapter 9: Provision of Information to the Consumer What the Commission proposes Language requirement (Article 3.4) Long-term costs of ownership Flexible timeshare points clubs Conclusions and Recommendations Chapter 10: Raising Public Awareness Conclusions and Recommendations Chapter 11: Enforcement and Sanctions Experience to date and international co-operation arrangements Injunctions Directive Sanctions A licensing scheme Conclusions and Recommendations Chapter 12: Redress Judicial and administrative redress Out-of-court redress Conclusions and Recommendations Chapter 13: Other Issues Extension of scope to non-fixed properties Extension of scope to shorter timeshares Definitions Multi-annual hotel reservations Timeshare owners’ rights Termination and transfer of ownership Review clause Conclusions and Recommendations Chapter 14: Summary of Conclusions and Recommendations Regulatory Issues Justification for Regulation The Right of Withdrawal and the Cooling-Off Period Advance payments during the withdrawal period Resale and exchange Provision of information to the consumer Raising public awareness Enforcement and Sanctions Redress Other Issues Appendix 1: Sub-Committee G (Social Policy and Consumer Affairs) Appendix 2: Call for Evidence Appendix 3: List of Witnesses Appendix 4: Glossary of Terms and Abbreviations Appendix 5: Recent Reports “No Win No Fee” Compensation Claims Please contact Mrs Glynn on 01253 208482 Monster Credits/ ABC Lawyers Claims Please contact Miss Ali on 01253 208488 Club La Costa compensation Claims Please Contact Miss Jenkinson 01253 208 483 Terminations of your Timeshare Please Contact Mrs Trippier 01253 729683. Accounts jacqueline@tesslimited.co.uk> Exits and Terminations: dianne@tesslimited.co.uk Compensation: rachel@tesslimited.co.uk Institute of Paralegal Practising Certificate Number IoP 794115
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Last modified: 24th October 2017
