Regulation 8 Long-term holiday product contracts
A “long-term holiday product contract” means a contract between a trader and a consumer—
(a)
the main effect of which is that the consumer, for consideration, acquires the right to obtain discounts or other benefits in respect of accommodation, and
(b)
which has a duration of more than one year, or contains provision allowing for the contract to be renewed or extended so that it has a duration of more than one year,
irrespective of whether the contract makes provision for the consumer to acquire other services.