Directive 2008/122/EC of the European Parliament and of the CouncilShow full title

Directive 2008/122/EC of the European Parliament and of the Council of 14 January 2009 on the protection of consumers in respect of certain aspects of timeshare, long-term holiday product, resale and exchange contracts (Text with EEA relevance)

Article 15Penalties

1.Member States shall provide for appropriate penalties in the event of a trader’s failure to comply with the national provisions adopted pursuant to this Directive.

2.Those penalties shall be effective, proportionate and dissuasive.