Timeshare Protection For Irish Consumers Under Review

The government is inviting public submissions over the next four weeks on how to improve the protection of consumers at both a national and European level.

"This consultation is timely as it comes at a time when the minds of people are focused on holidays, and when they give consideration to future holiday plans."

"While there is already a Timeshare Directive dating back to 1994, there have been many changes in the industry and our regulations must reflect this.

"We need regulations for 'holiday clubs' which offer holiday discounts in return for a subscription fee. In addition the Directive needs to deal with new products such as timeshare on cruise ships."

The new proposal is intended replace the old law with a modern, simplified and coherent framework covering timeshare and long-term holiday products, as well as exchange and resale.