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

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Regulation 36(3)

SCHEDULE 6E+W+S+N.I.Consequential Amendments

This schedule has no associated Memorandwm Esboniadol

Local Government Finance Act 1988E+W+S+N.I.

1.—(1) The Local Government Finance Act 1988 F1 is amended as follows.

(2) In section 66 (domestic property), in subsection (2E), for the words from “timeshare accommodation” to the end substitute “ overnight accommodation which is the subject of a timeshare contract within the meaning of the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010. ”.

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Criminal Justice and Police Act 2001E+W+S+N.I.

F22.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Enterprise Act 2002E+W+S+N.I.

3.—(1) The Enterprise Act 2002 F3is amended as follows.

(2) In Part 1 of Schedule 13 (listed Directives and Regulations)—

(a)omit paragraph 6 (Directive 94/47/EC concerning timeshare contracts);

(b)after paragraph 9D insert—

9E  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..

(3) In Schedule 14 (specified functions) omit “Timeshare Act 1992.”.

(4) In Schedule 15 (enactments conferring functions) omit “Timeshare Act 1992.”.

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Regulatory Enforcement and Sanctions Act 2008E+W+S+N.I.

4.—(1) The Regulatory Enforcement and Sanctions Act 2008 F4 is amended as follows.

(2) In Schedule 3 (enactments specified for the purposes of Part 1) omit “Timeshare Act 1992”.

(3) In Schedule 6 (enactments specified for the purposes of orders under Part 3) omit “Timeshare Act 1992”.

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Consumer Credit (Agreements) Regulations 1983E+W+S+N.I.

5.—(1) The Consumer Credit (Agreements) Regulations 1983 F5 are amended as follows.

(2) For paragraph 23 in Schedule 1 substitute—

23. Agreements that cannot be cancelled by the debtor under the Act, the Financial Services (Distance Marketing) Regulations 2004 or the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010.(3) A statement that the debtor has no right to cancel the agreement under the Consumer Credit Act 1974, the Financial Services (Distance Marketing) Regulations 2004 or the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010.
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F5S.I. 1983/1553, amended by S.I.2004/1482; there are other amending instruments but none is relevant to these Regulations.

Consumer Protection (Distance Selling) Regulations 2000E+W+S+N.I.

6.—(1) In the Consumer Protection (Distance Selling) Regulations 2000 F6, in regulation 6 (contracts to which only part of these Regulations apply), for paragraph (1), substitute—

6.(1) Regulations 7 to 20 shall not apply to a contract which is a regulated contract within the meaning of the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010..

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F6S.I. 2000/2334, to which there are amendments not relevant to these Regulations.

Financial Services and Markets Act 2000 (Regulated Activities) Order 2001E+W+S+N.I.

7.—(1) The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 F7 is amended as follows.

(2) In article 61 (regulated mortgage contracts), for paragraph (4)(d), substitute—

(d)timeshare accommodation” means overnight accommodation which is the subject of a timeshare contract within the meaning of the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010..

(3) In article 63J (entering into and administering regulated sale and rent back agreements) for paragraph (4)(b) substitute—

(b)timeshare accommodation” means overnight accommodation which is the subject of a timeshare contract within the meaning of the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010; and.

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F7S.I. 2001/544; relevant amending instruments are SI 2001/3544, SI 2006/2383 and SI 2009/1342.

Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001E+W+S+N.I.

8.—(1) The Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001 F8 is amended as follows.

(2) In article 2 (interpretation)—

(a)after the definition of “individual pension account” insert—

long-term holiday product contract” has the meaning given by regulation 8 of the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010;”; and

(b)

for the definition of “timeshare rights” substitute—

timeshare contract” has the meaning given by regulation 7 of the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010.”.

(3) In the Schedule (arrangements not amounting to a collective investment scheme), for paragraph 13 substitute—

Timeshare and long-term holiday product schemes

13.  Arrangements do not amount to a collective investment scheme if the rights or interests of the participants are rights under a timeshare contract or a long-term holiday product contract..

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F8S.I 2001/1062, to which there are amendments not relevant to these Regulations.

Enterprise Act 2002 (Part 8 Community Infringements Specified UK Laws) Order 2003E+W+S+N.I.

9.  In the Enterprise Act 2002 (Part 8 Community Infringements Specified UK Laws) Order 2003 F9, in the Schedule (listed Directives),—

(a)omit the entry for Directive 94/47/EC of the European Parliament and of the Council of 26 October 1994 on the protection of purchasers in respect of certain aspects of contracts relating to the purchase of the right to use immovable properties on a timeshare basis F10;

(b)after the entry for Directive 2008/48/EC insert—

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 contractsTimeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010
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F9S.I. 2003/1374, amended by S.I. 2010/1010; there are other amending instruments but none is relevant.

F10O.J. L 280, 29.10.1994, p. 83.

Enterprise Act 2002 (Part 8 Notice to OFT of Intended Prosecution, Specified Enactments, Revocation and Transitional Provision) Order 2003E+W+S+N.I.

10.  In the Enterprise Act 2002 (Part 8 Notice to OFT of Intended Prosecution, Specified Enactments, Revocation and Transitional Provision) Order 2003 F11, in the Schedule, for the entry for the Timeshare Act 1992, substitute—

Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010All offences under those Regulations
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F11S.I. 2003/1376, to which there are amendments not relevant to these Regulations.

Enterprise Act 2002 (Part 8 Domestic Infringements) Order 2003E+W+S+N.I.

11.  In the Enterprise Act 2002 (Part 8 Domestic Infringements) Order 2003 F12, in the Schedule (specified acts or omissions), omit the entry for the Timeshare Act 1992.

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F12S.I. 2003/1593, to which there are amendments not relevant to these Regulations.

Enterprise Act 2002 (Part 9 Restrictions on Disclosure of Information) (Amendment and Specification) Order 2003E+W+S+N.I.

12.—(1) The Enterprise Act 2002 (Part 9 Restrictions on Disclosure of Information) (Amendment and Specification) Order 2003 F13 is amended as follows.

(2) In Schedule 3 after the entry for the Business Protection from Misleading Marketing Regulations 2008 insert “ Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010. ”.

(3) In Schedule 4 after the entry for the Business Protection from Misleading Marketing Regulations 2008 insert “ Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010. ”.

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F13S.I. 2003/1400, as amended by SI 2008/1277; there are other amending instruments but none is relevant.

Financial Services (Distance Marketing) Regulations 2004E+W+S+N.I.

13.  In the Financial Services (Distance Marketing) Regulations 2004 F14, in regulation 11 (exemptions to the right to cancel), for paragraph (1)(f) substitute—

(f)a credit agreement cancelled under regulation 23 of the Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010 (automatic termination of credit agreement);.

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F14S.I. 2004/2095 to which there are amendments not relevant to these Regulations.

Legislative and Regulatory Reform (Regulatory Functions) Order 2007E+W+S+N.I.

14.  In the Legislative and Regulatory Reform (Regulatory Functions) Order 2007 F15, in the Schedule, in Part 3 under the heading “Consumer and business protection”—

(a)omit “Timeshare Act 1992”;

(b)after the entry for Cosmetic Products (Safety) Regulations 2008, insert—

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

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F15S.I. 2007/3544, amended by SI 2008/1284; there are other amending instruments but none is relevant.

Co-ordination of Regulatory Enforcement (Regulatory Functions in Scotland and Northern Ireland) Order 2009E+W+S+N.I.

15.—(1) In the Co-ordination of Regulatory Enforcement (Regulatory Functions in Scotland and Northern Ireland) Order 2009 F16, in Schedule 1 in Part 1, omit “Timeshare Act 1992”.

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