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Fri, Oct 25 2024, 19:12:02Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 12345678[9]10 ]
Subject: Timeshare & Holiday Clubs in S'pore -seeker9912


Author:
George
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Date Posted: Wed, May 11 2005, 16:14:32

How come Singaporeans so easy to bluff?!
After 30 years of scamming people, still victims can be found.

Some pple even come cheat the victims by pretending that they can help
to recover the
money.

Why is singapore laws for protecting the consumer so backward? Is there
no interest in solving the timeshare problem despite 2000 complaints
last year?

Singapore is an efficient country how can this 30 year problem be
allowed to go on and on?

Why can we license these timeshare/holiday club companies?
We license our hawkers, we license our taxi drivers, why can't we
license these timeshare companies.


Other countries have the "Timeshare Act" :

http://www.funforall.co.uk/timeshare/Timeshare-Act.htm

http://www.dti.gov.uk/ccp/topics1/guide/timeshare.htm



You have a right to a 14 day cooling off period, counted from the day
you sign the timeshare contract. During the cooling off period, you
have the right to cancel the contract at no cost and to have any
associated credit agreement or credit card payment cancelled
automatically.

The seller must not seek or accept any money from you during the
cooling off period, for himself or anyone else.

If you ask for a brochure, the seller must give it to you. The brochure
must contain the information about the timeshare property specified in
Section

2. This information must be included in the contract if you buy.
The seller must give you a cancellation form if you sign a contract,
with a note setting out your right to cancel the contract. Use of the
cancellation form must also automatically cancel any associated credit
agreement.

The seller must give you the brochure and contract in your own
language, if you ask for it, providing that this is an official
European Union language.

The seller must give you a translation of the contract in the language
of the country where the timeshare is located, providing that this is
an official European Union language. This will be needed if you have to
go to a foreign court.

These rights apply to timeshare in apartments and houses etc. Some
rights also apply to caravans.

It is a criminal offence for the seller to try to sell
you a timeshare without giving you the brochure containing the
information set out in Section 2, if you ask for it. It is also a
criminal offence for the seller to ask for or take any money from you
during the cooling off period. Local authority trading standards
departments are responsible for enforcement.

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