Search Legislation

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

 Help about what version

What Version

 Help about advanced features

Advanced Features

Changes over time for: SCHEDULE 6

 Help about opening options

Changes to legislation:

There are currently no known outstanding effects for the The Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010, SCHEDULE 6. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

Regulation 36(3)

SCHEDULE 6U.K.Consequential Amendments

This schedule has no associated Explanatory Memorandum

Local Government Finance Act 1988U.K.

1.—(1) The Local Government Finance Act 1988 M1 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. ”.

Marginal Citations

Criminal Justice and Police Act 2001U.K.

F12.  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enterprise Act 2002U.K.

3.—(1) The Enterprise Act 2002 M2is 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.”.

Marginal Citations

Regulatory Enforcement and Sanctions Act 2008U.K.

4.—(1) The Regulatory Enforcement and Sanctions Act 2008 M3 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”.

Marginal Citations

Consumer Credit (Agreements) Regulations 1983U.K.

5.—(1) The Consumer Credit (Agreements) Regulations 1983 M4 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.

Marginal Citations

M4S.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 2000U.K.

6.—(1) In the Consumer Protection (Distance Selling) Regulations 2000 M5, 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..

Marginal Citations

M5S.I. 2000/2334, to which there are amendments not relevant to these Regulations.

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

7.—(1) The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 M6 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.

Marginal Citations

M6S.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 2001U.K.

8.—(1) The Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001 M7 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..

Marginal Citations

M7S.I 2001/1062, to which there are amendments not relevant to these Regulations.

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

9.  In the Enterprise Act 2002 (Part 8 Community Infringements Specified UK Laws) Order 2003 M8, 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 M9;

(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

Marginal Citations

M8S.I. 2003/1374, amended by S.I. 2010/1010; there are other amending instruments but none is relevant.

M9O.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 2003U.K.

10.  In the Enterprise Act 2002 (Part 8 Notice to OFT of Intended Prosecution, Specified Enactments, Revocation and Transitional Provision) Order 2003 M10, 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

Marginal Citations

M10S.I. 2003/1376, to which there are amendments not relevant to these Regulations.

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

11.  In the Enterprise Act 2002 (Part 8 Domestic Infringements) Order 2003 M11, in the Schedule (specified acts or omissions), omit the entry for the Timeshare Act 1992.

Marginal Citations

M11S.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 2003U.K.

12.—(1) The Enterprise Act 2002 (Part 9 Restrictions on Disclosure of Information) (Amendment and Specification) Order 2003 M12 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. ”.

Marginal Citations

M12S.I. 2003/1400, as amended by SI 2008/1277; there are other amending instruments but none is relevant.

Financial Services (Distance Marketing) Regulations 2004U.K.

13.  In the Financial Services (Distance Marketing) Regulations 2004 M13, 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);.

Marginal Citations

M13S.I. 2004/2095 to which there are amendments not relevant to these Regulations.

Legislative and Regulatory Reform (Regulatory Functions) Order 2007U.K.

14.  In the Legislative and Regulatory Reform (Regulatory Functions) Order 2007 M14, 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.

Marginal Citations

M14S.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 2009U.K.

15.—(1) In the Co-ordination of Regulatory Enforcement (Regulatory Functions in Scotland and Northern Ireland) Order 2009 M15, in Schedule 1 in Part 1, omit “Timeshare Act 1992”.

Marginal Citations

Back to top

Options/Help

Print Options

You have chosen to open the Whole Instrument

The Whole Instrument you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

See additional information alongside the content

Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

Explanatory Memorandum

Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Impact Assessments

Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:

  • Why the government is proposing to intervene;
  • The main options the government is considering, and which one is preferred;
  • How and to what extent new policies may impact on them; and,
  • The estimated costs and benefits of proposed measures.
Close

Timeline of Changes

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources