EC to extend timeshare controls

The European Commission is to clamp down on rogue traders who defraud holidaymakers out of tens of thousands of euro.

2nd June, 2007

The European Commission is to clamp down on rogue traders who defraud holidaymakers out of tens of thousands of euro.

A proposal to change the law on timeshare agreements is to be published on Thursday.

Under timeshare agreements, which typically last for at least three years, consumers pay to spend a certain amount of time each year in a holiday home. Since the EU introduced the Timeshare Directive to regulate the sector in 1994, some...

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