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Timeshare Law

and other relevant consumer laws

The first substantive law applying to the purchase of timeshare was the UK Timeshare Act 1992 which, with various amendments, continues until replaced by the Timeshare Regulations 2010 on 23 February 2011

Since 1997 laws relating to the purchase of timeshare have been based on Directives issued by the European Parliament. The first Timeshare Directive was issued in 1994 for implementation in 1997 and was replaced by the second Timeshare Directive (2008/122/EC) which was issued in 2009 for implementation in 2011.

Implementation of the first Directive was haphazard with a number of countries amending the required wording in the Directive. The second Directive does not allow for any variations excepting those relating to enforcement. This should ensure that the laws in all EEA countries are exactly the same, minimising consumer confusion and providing traders with a more level playing field.

The Consumer Protection Regulations "CPRs", which deal with misleading statements and omissions, may also be relevant where a consumer considers that there was misrepresentation. But CPRs are only relevant if you have suffered any loss as a result of the misrepresentation.

The Consumer Credit Act 1974 "CCA74" provides an opportunity for consumers who paid by CREDIT card or used a "linked" loan for the purchase to obtain recompense from the lender.

If you consider that the law has been broken

Tell your local Trading Standards Office (usually in the Town Hall). But do so quickly as you may only have a short period of time (perhaps a few days) during which you can easily resolve a problem

And please read How to Cancel if you want to cancel a purchase agreement.

Reference to relevant laws:-