Parliamentary inquiry into regulation of the timeshare industry

The Australian government has launched an inquiry into regulation of the timeshare industry.

Submissions are:

Sub No.
1	Mr Peter Holt (PDF 17KB)
2	Department of Tourism, Fair Trading & Wine Development (PDF 466KB)
3	Law Institute of Victoria (PDF 213KB)
4	Port Pacific Resort (PDF 55KB)
5	Consumer Credit Legal Service Inc (PDF 274KB)
7	The Commercial Law Association of Australia (PDF 164KB)
8	Trendwest Resorts South Pacific Limited (PDF 106KB)
9	Australian Securities Investment Commission (PDF 261KB)
10*	Australian Timeshare & Holiday Ownership Council Ltd (ATHOC) (PDF 219KB)
10A	Accor Première Vacation Club (PDF 107KB
11	American Resort Development Association (ARDA) (PDF 30KB)
12	RCI Pacific Pty Limited (PDF 163KB)
13	Becton Group Holdings Pty Ltd (PDF 162KB)
14	Kyneton Bushland Resort Ltd (PDF 39KB)

In reading Trendwest's submission, there are some interesting details about the legal process they need to follow for training their salespeople. I do feel sorry for the burden this places on Trendwest, but some level of regulation is certainly needed to avoid situations such as the sorry story of the first submission.

Tags: trendwest worldmark