The Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010

  1. Introductory Text

  2. PART 1 GENERAL

    1. 1.Citation and Commencement

    2. 2.Interpretation

  3. PART 2 KEY DEFINITIONS

    1. 3.Regulated contract

    2. 4.Holiday accommodation contracts

    3. 5.Holiday accommodation contracts to which these Regulations apply

    4. 6.Excluded arrangements

    5. 7.Timeshare contracts

    6. 8.Long-term holiday product contracts

    7. 9.Resale contracts

    8. 10.Exchange contracts

    9. 11.“Consumer” and “trader”

  4. PART 3 PRE-CONTRACTUAL MATTERS

    1. 12.Key information

    2. 13.Completing the standard information form

    3. 14.Marketing and sales

  5. PART 4 REGULATED CONTRACT: FORMALITIES

    1. 15.Form of contract

    2. 16.Obligations of trader

    3. 17.Language of the contract

    4. 18.Translation of contract

    5. 19.Conflict with contractual terms

  6. PART 5 TERMINATION OF REGULATED CONTRACTS

    1. 20.Rights of withdrawal

    2. 21.The withdrawal period

    3. 22.Effect of exercising right of withdrawal

    4. 23.Automatic termination of credit agreement

    5. 24.Termination of long-term holiday product contracts

  7. PART 6 PAYMENTS

    1. 25.Advance consideration

    2. 26.Payment schedule: long-term holiday product contracts

  8. PART 7 OFFENCES: PENALTIES ETC

    1. 27.Penalties for offences

    2. 28.Offences committed by bodies of persons

    3. 29.Offences due to the default of another person

    4. 30.Due diligence defence

    5. 31.Innocent publication of advertisement defence

  9. PART 8 ENFORCEMENT

    1. 32.Enforcement authorities

    2. 33.Powers of officers

    3. 34.Obstruction of authorised officers

    4. 35.Civil proceedings

  10. PART 9 SUPPLEMENTARY

    1. 36.Repeals, revocations, amendments and transitional and savings provisions

    2. 37.Application of the Package Travel, Package Holidays and Package Tours Regulations 1992

  11. Signature

    1. SCHEDULE 1

      Standard Information Form for Timeshare contracts

      1. Part 1

      2. Part 2

      3. Part 3

        1. Acknowledgement of receipt of information:

        2. Signature of the consumer:

    2. SCHEDULE 2

      Standard Information Form for Long-Term Holiday Product Contracts

      1. Part 1

      2. Part 2

      3. Part 3

        1. Acknowledgement of receipt of information:

        2. Signature of the consumer:

    3. SCHEDULE 3

      Standard Information Form for Resale Contracts

      1. Part 1

      2. Part 2

      3. Part 3

        1. Acknowledgement of receipt of information:

        2. Signature of the consumer:

    4. SCHEDULE 4

      Standard Information Form for Exchange Contracts

      1. Part 1

      2. Part 2

      3. Part 3

        1. Acknowledgement of receipt of information:

        2. Signature of the consumer:

    5. SCHEDULE 5

      Separate Standard Withdrawal Form to facilitate the Right of Withdrawal

      1. Acknowledgement of receipt of information:

      2. Signature of the consumer:

    6. SCHEDULE 6

      Consequential Amendments

      1. 1.Local Government Finance Act 1988

      2. 2.Criminal Justice and Police Act 2001

      3. 3.Enterprise Act 2002

      4. 4.Regulatory Enforcement and Sanctions Act 2008

      5. 5.Consumer Credit (Agreements) Regulations 1983

      6. 6.Consumer Protection (Distance Selling) Regulations 2000

      7. 7.Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

      8. 8.Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001

      9. 9.Enterprise Act 2002 (Part 8 Community Infringements Specified UK Laws) Order 2003

      10. 10.Enterprise Act 2002 (Part 8 Notice to OFT of Intended Prosecution, Specified Enactments, Revocation and Transitional Provision) Order 2003

      11. 11.Enterprise Act 2002 (Part 8 Domestic Infringements) Order 2003

      12. 12.Enterprise Act 2002 (Part 9 Restrictions on Disclosure of Information) (Amendment and Specification) Order 2003

      13. 13.Financial Services (Distance Marketing) Regulations 2004

      14. 14.Legislative and Regulatory Reform (Regulatory Functions) Order 2007

      15. 15.Co-ordination of Regulatory Enforcement (Regulatory Functions in Scotland and Northern Ireland) Order 2009

    7. SCHEDULE 7

      Transitional and Savings Provisions

      1. 1.Enterprise Act 2002 (Part 8 Community Infringements Specified UK Laws) Order 2003

      2. 2.Enterprise Act 2002 (Part 8 Notice to OFT of Intended Prosecution, Specified Enactments, Revocation and Transitional Provision) Order 2003

      3. 3.Enterprise Act 2002 (Part 8 Domestic Infringements) Order 2003

      4. 4.Disclosure of information

    8. SCHEDULE 8

      Repeals and Revocations

      1. PART 1 Repeals

      2. PART 2 Revocations

  13. Explanatory Note