PART 1GENERAL

Citation and Commencement1

1

These Regulations may be cited as the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010.

2

They come into force on 23rd February 2011.

Interpretation2

1

In these Regulations—

  • “ancillary contract”, in relation to a timeshare contract or long-term holiday product contract, has the meaning given in regulation 22(6);

  • “consumer” has the meaning given in regulation 11;

  • “enforcement authority” has the meaning given in regulation 32(1);

  • “exchange contract” has the meaning given in regulation 10(1);

  • “holiday accommodation contract” has the meaning given in regulation 4;

  • “key information”, in relation to a regulated contract, has the meaning given in regulation 12(3);

  • “long-term holiday product contract” has the meaning given in regulation 8;

  • “regulated contract” has the meaning given in regulation 3;

  • “related credit agreement”, in relation to a regulated contract, has the meaning given in regulation 23(4);

  • “resale contract” has the meaning given in regulation 9;

  • “standard information form” has the meaning given in regulation 13(2);

  • “timeshare contract” has the meaning given in regulation 7(1);

  • “timeshare exchange system” has the meaning given in regulation 10(2);

  • “trader” has the meaning given in regulation 11.