§ Mr. LevittTo ask the President of the Board of Trade if she will make a statement on the regulation of the timeshare industry. [12757]
§ Mr. Nigel GriffithsThe timeshare industry in the United Kingdom is regulated by the Timeshare Act 1992, as amended by the Timeshare Regulations 1997, which implemented the EU timeshare directive. Member states were required to implement the directive by 29 April 1997. A number have not yet done so, including Spain where many UK citizens buy timeshares. I have written to the Spanish Government about this and will raise the matter when I meet the Spanish Consumer Minister later this month.