ETOO WORLD TIMESHARE NEWS

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Consumers across the European Union will benefit from tougher holiday protection - when they buy and resell timeshare holidays, long-term holiday products, as well as exchange and resale - under new rules proposed by the European Commission on 7 June 2007.

The proposal for the new Directive will enhance consumer protection in all member states of the European Union by extending the scope of the current rules (of the 1994 European Union Timeshare Directive) to also include the new products which have emerged in the market. The proposal is to become effective by 2010.

ETOO timeshare resales welcome this new directive