S.L. 409.2 Art. 2Scope. Application.

(1) These regulations transpose the provisions of the Council Directive 2008/122/EC. of the European Parliament and of the Council of 14 January 2009.

(2) The purpose of these regulations is to contribute to the proper functioning of the internal market and to achieve a high level of consumer protection, by approximating the laws, regulations and administrative provisions in respect of certain aspects of the marketing, sale and resale of timeshares and long-term holiday products as well as exchange contracts.

(3) These regulations apply to trader-to-consumer transactions and shall be without prejudice to laws:

(a) providing for general contract law remedies;

(b) relating to the registration of immovable or movable property and conveyance of immovable property;

(c) relating to conditions of establishment or authorisation regimes or licensing requirements; and

(d) relating to the determination of the legal nature of the rights which are the subject of the contracts covered by these regulations.