# The Timeshare, Holiday Products, Resale and Exchange Contracts Regulations 2010, 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.

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Source: https://www.legislation.gov.uk/uksi/2010/2960/regulation/8 (the official version)
Page: https://openlegislation.uk/timeshare-holiday-products-resale-and-exchange-contracts-regulations-2010/regulation-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.