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Europe Daily Bulletin No. 9203

2 June 2006
Contents Publication in full By article 26 / 36
GENERAL NEWS / (eu) eu/consumers
Commission to consult ahead of amending European timeshare legislation

Brussels, 01/06/2006 (Agence Europe) - On Thursday 1st June, the Commission launched a public consultation exercise, lasting nine weeks, on directive 94/47/Econ protection for timeshare buyers. Following complaints from consumers, it noted that “some operators have introduced new timeshare-like products which take advantage of regulatory loopholes”. The consultation exercise and the hearing to be held on 19 July will allow the Commission to gauge support for updating the regulation...

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