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Timeshare Act 1992

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This is the original version (as it was originally enacted).

12General provisions

(1)For the purposes of this Act, a notice of cancellation of an agreement is a notice (however expressed) showing that the offeree wishes unconditionally to cancel the agreement, whether or not it is in a prescribed form.

(2)The rights conferred and duties imposed by sections 2 to 7 of this Act are in addition to any rights conferred or duties imposed by or under any other Act.

(3)For the purposes of this Act, if the offeree sends a notice by post in a properly addressed and pre-paid letter the notice is to be treated as given at the time of posting.

(4)This Act shall have effect in relation to any timeshare agreement or timeshare credit agreement notwithstanding any agreement or notice.

(5)For the purposes of the [1974 c. 39.] Consumer Credit Act 1974, a transaction done under or for the purposes of a timeshare agreement is not, in relation to any regulated agreement (within the meaning of that Act), a linked transaction.

(6)In this Act—

  • “credit” includes a cash loan and any other form of financial accommodation,

  • “notice” means notice in writing,

  • “order” means an order made by the Secretary of State, and

  • “prescribed” means prescribed by an order.

(7)An order under this Act may make different provision for different cases or circumstances.

(8)Any power under this Act to make an order shall be exercisable by statutory instrument and a statutory instrument containing an order under this Act (other than an order made for the purposes of section 13(2) of this Act) shall be subject to annulment in pursuance of a resolution of either House of Parliament.

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