29.8.92 OfficialJournaloftheEuropeanCommunities NoC222/5
II
(PreparatoryActs)
COMMISSION
ProposalforaCouncilDirectiveconcerningtheprotectionofpurchasersincontractsrelating
totheutilizationofimmovablepropertyonatime-sharebasis
(92/C222/05)
COM(92)220final—SYN419
(SubmittedbytheCommissionon2July1992)
THECOUNCILOFTHEEUROPEAN COMMUNITIES ,3.Whereas,intheCommunityActionPlanfor
Tourism(}),theCommission'sguidelineswithaviewto
improvingprotectionfortouristsasconsumersinclude
'draftingaproposalregardingcross-borderproperty
transactions (time-sharing)';HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,andmoreparticularlyArticle
100athereof,
HavingregardtotheproposalfromtheCommission ,4.Whereasthetime-sharemarketisverylargelyofa
transfrontiernaturebyreasonofthegeographical
locationofsupplyanddemandinmostcases,andhence
hasanimpactonthefreemovementofpersons,services
andcapital; IncooperationwiththeEuropeanParliament,
HavingregardtotheopinionoftheEconomicand
SocialCommittee,5.Whereas,althoughmostoftheMemberStateshave
asyetnospecificlegislationontime-sharecontracts,
othersdo,takingtheviewthattheprovisionsofordinary
lawapplicabletothistypeoftransactionhavefailedto
generatetherequisitelegalclarityortheappropriate
levelofprotectionforconsumers;1.WhereasoneofthemainaimsoftheCommunityis
tocompletetheinternalmarketby31December1992at
thelatest;whereasitisimportanttoadoptmeasuresto
ensurethattheinternalmarketisestablished
progressively ;whereastheinternalmarketcomprisesan
areawithoutinternalfrontiersinwhichgoods,persons,
servicesandcapitalcanmovefreely;6.Whereastheapplicationoftherulesofordinary
lawinsomeMemberStatesandofspecificlegislation,
albeitwithdifferentrules,inotherscreatesdisparities
whichmighthampertheorderlydevelopmentofthis
sectorofeconomicactivity;whereasthissituationisthus
prejudicialtotheproperfunctioningoftheinternal
market.2.WhereastheEuropeanParliament,initsresolution
of13October1988ontheneedtofillthelegalgapin
thetime-sharemarket(*),calledontheCommissionto
submitaproposalforadirectivetoharmonizenational
legislationontime-sharepropertyownership;whereas,in
itsresolutionof11June1991onaCommunitytourism
policy(2),theEuropeanParliamenttooktheviewthat
theCommissionshouldpresentageneraltime-share
directiveasamatterofurgency;7.Whereasunderthecircumstances andwithaview
toensuringahighlevelofprotectionforconsumers,itis
essentialtomakeprovisionforabasicsetofspecific
rulesforthistypeoftransaction,applicablethroughout
theCommunity ;
(')OJNoC290,14.11.1988,p.148.
(J)ResolutionA3-155/91,point91(DocumentPE152.802,
p.54). C)COM(91)97final,p.20.

NoC222/6 OfficialJournaloftheEuropeanCommunities 29.8.92
8.Whereasthelegalconceptsappliedundernational
lawtotime-sharearrangementsvaryconsiderablyfrom
oneMemberStatetoanother;15.Whereasnothingmustbedonetoprevent
MemberStatesfrommaintainingoradoptingprovisions
whichgivethepurchasergreaterprotectionin
connectionwithtime-sharecontracts,
9.Whereasitisnonethelesssufficienttoharmonize
therulesconcerningtime-sharecontractualtransactions,
thelawapplicableineachcasederivingexclusivelyfrom
thelexreisitae:HASADOPTEDTHISDIRECTIVE :
TITLEI
Objectiveanddefinitions
10.Whereas,withaviewtoestablishingeffective
standardsforprotectingpurchasersinthisfield,itis
necessarytostipulateminimumobligationswhich
vendorsmustcomplywithvis-a-vispurchasers;Article1
ThepurposeofthisDirectiveistoapproximatethelaws,
regulationsandadministrativeprovisionsoftheMember
Statesinrespectofcontractsrelatingtotheutilizationof
immovablepropertyonatime-sharebasis.
11.Whereasnothingmustbedonetoaffectthe
freedomofMemberStatestoestablishguaranteesunder
theirownlegislationinrespectofthevendor'sobli­
gations; Article2
ForthepurposesofthisDirective:
—contractrelatingtotheutilisationofimmovable
propertyonatime-sharebasis',hereinafterreferred
toas'time-sharecontract',meansanycontractby
whichavendortransfersorundertakestotransferto
apurchaser,onpaymentofacertainprice,areal
propertyrightoranyotherrightrelatingtotheutil­
izationofimmovablepropertyatacertaintimeof
theyear,whichmaynotbelessthanoneweek,
coveringaminimumofthreeyears,12.Whereasitisnecessarytoavoidanymisleadingor
incompletedetailsininformationconcernedspecifically
withthesaleoftime-sharerights;whereassuchinfor­
mationmustbesupplementedbyadocumentwhichthe
purchasermustformallyacknowledgereceiptofatthe
timethecontractissigned;whereasthissupplementary
documentmustbedrawnupinalanguagewhichthe
purchaserstatesheknows;whereastheitemsofinfor­
mationcontainedthereinmustconstituteanintegralpart
ofthetime-sharecontract;
—'immovableproperty'meansanybuildingorpartofa
buildingtowhichthetime-sharecontractrelates,
suchasahouse,flat,bungalow,studioflat,etc.,
13.Whereas,togivethepurchaserthechanceto
realizewhatobligationsandrightshehasunderthe
contract,hehastobegiventherightofwithdrawalfora
periodwhichtakesaccountofthefactthattheproperty
isoftensituatedinaStateandissubjecttolegislation
whicharedifferenttothoseofthepurchaser;whereasit
isnecessarytomakeprovisionforthepurchasertobe
informedbywritingofthiscooling-offperiod;—'vendor'meansanynaturalorlegalpersonwho,in
transactionscoveredbythisDirectiveandinhis
professionalcapacity,transfersorundertakesto
transfertoapurchaserarealpropertyrightorany
otherrightrelatingtotheutilizationofimmovable
property,whereheishimselftheownerofthesaid
propertytowhichtherightrefersorisauthorizedby
theownertocarryoutsuchtransaction,
14.Whereastheprotectionaffordedtothepurchaser
mustbesupplemented intermsofprivateinternational
law,giventhattime-sharecontractsareveryoftentrans­
frontierinnature;—'purchaser'meansanynaturalpersonwho,intrans­
actionscoveredbythisDirective,actsasaconsumer,
i.e.forpurposeswhichmayberegardedasbeing
outsidehisprofessionalcapacity.

29.8.92 OfficialJournaloftheEuropeanCommunities NoC222/7
TITLEII
ObligationsofthevendorArticle4
MemberStatesshallmakeprovisionfor:
1.measurestoestablishthepurchaser'srightsandobli­
gationsinrespectofthemanagementandmain­
tenanceofthepropertytowhichthetime-share
arrangementrelates;suchmeasuresshallbein
conformitywithpoint(m)oftheAnnex;
2.thebasesforthebreakdownofcommonandoccu­
pation-linkedcharges,inannualterms,inwhichthe
purchaserisrequiredtoparticipate;suchbasesshall
laydownclearlyandunequivocally ,andin
conformitywiththetermsofpoint(j)oftheAnnex,
theshareofeachcategoryofchargestowhicheach
purchaserisliable,inthelightofthesituationand
categoryofthepropertytowhichthetime-share
arrangementrelates,andtheperiodanddurationof
thetime-shareright.
Article5
1.MemberStatesshallmakeprovisionformeasures
toensurethatthevendorisrequiredtomakeavailableto
anypotentialpurchaseradocumentprovidinginfor­
mationinanunequivocal ,detailedandcompleteformon
atleasttheitemssetoutintheAnnex.
Thedocumentsshallbeinalanguangewhichthe
purchaserstatesheknows.
2.Anyotherformofadvertisingshallindicatethe
possibilityofobtainingthedocument.Article3
1.MemberStatesshallmakeprovisiontoensurethat,
inthetime-sharecontact,thevendorguarantees,more
particularly :
(a)thattheimmovableproperty,andanyconnected
facilities,hasbeenbuiltorwillbebuiltaccordingto
thestateoftheartandundersuchconditionsasto
obtainfromtheauthoritiesofthecountryinwhich
thepropertyisorwillbesituatedthenecessaryauth­
orization,accordingtothenationallaw,sothathe
caneffectivelyoccupytheproperty;
(b)thetransfertothepurchaser,onpaymentofthe
pricestipulatedinthetime-sharecontract,ofthereal
rightoranyotherrightofuseinrespectofthe
property,exclusiveofallchargesorsubjectonlyto
suchchargesasarestipulatedinthetime-share
contract;
(c)whereappropriate,thepurchaser'srighttouse,in
additiontosuchcommonservicesaslighting,
cleaning,refusecollection,etc.,specialfacilitiessuch
asswimmingpools,tenniscourts,golfcourses,
saunas,etc.existingatthetimeofsignatureofthe
timesharecontractorinthefuture,subjecttothe
conditionsstipulatedinthetime-sharecontractor
otherwiseprovidedforbythevendor;
(d)thepurchaser'srighttobeinvolvedintheprocessof
makinganydecisionsconcerningtheadministration
ofthetime-shareschemeandthemanagementand
maintenanceofthepropertytowhichthetime-share
arrangementrelates.Thepurchasermaydelegatethis
rightprovidedthisisdoneinaseparatedocument
andsubsequenttosignatureofthetime-share
contract;suchdelegationofpowersmayberevoked
atanytime.
2.MemberStatesshallmakeprovisionintheirlegis­
lationforappropriatemeasurestoensurethatthevendor
givesadequateguaranteesconcerning,whereappro­
priate:
—correctcompletionoftheproperty,
—reimbursementofanyadvancepayment,intheevent
ofnon-completion ofthepropertyorinexerciseof
therightofwithdrawalwithinthemeaningofArticle
7,withoutprejudicetothetermsofArticle7(4).TITLEIII
Rulesgoverningcontracts
Article6
MemberStatesshallmakeprovisiontoensurethatthe
time-sharecontract,whichmustbeinwriting,contains
atleastthefollowingitems:
(a)adetailedandunequivocaldescriptionofthe
propertyinrepectofwhichthetime-sharerightis
transferredtothepurchaser .Thisdescriptionmust
beinconformitywiththeinformationcontainedin
point(a)oftheAnnex;
(b)theprecisetypeoftime-sharerightwhichisbeing
transferredtothepurchaser.Thistypeofrightmust
featureamongthosereferredtoinpoint(d)ofthe
Annex;

NoC222/8 OfficialJournaloftheEuropeanCommunities 29.8.92
(c)theperiodanddate,inwords,withinandfrom
whichthepurchasermayexercisehistime-share
right,suchinformationbeinginconformitywiththe
informationcontainedinpoint(f)oftheAnnex;
(d)expressreferencetotheotheritemsindicatedinthe
Annex;
(e)thedate,inwords,ofsignatureofthecontract;reimbursable arecalculatedsoastoensurethat
reimbursement doesnotentailanyunjustified
enrichmentforeitherofthepartiesconcerned;
(b)establishthedeadlineforreimbursement .
Article8
MemberStatesshallmakeprovisionfor:
1.anyclauseunderwhichthepurchaserrenounceshis
righttobenefitsunderthisDirectivetobenulland
void;
2.anyclauseunderwhichthevendorisexoneratedfrom
liabilityarisingfromthisDirectivetobenullandvoid.(f)thepurchaser'sdeclarationindicatingthathehas
receivedandunderstoodthedocumentreferredtoin
thefirstsubparagraphofArticle5(1)inaccordance
withthesecondparagraphthereof.
Article7
MemberStatesshallmakeprovisionfor:
1.theobligationonthevendortoinformthepurchaser,
inwriting,atthetimeofsignatureofcontract,that
thecontractwilltakeeffectunlessthepurchaser
withdrawswithinaperiodof:
—atleast14calendardaysfromthedateof
signatureofcontract,or
—atleast28calendardaysfromthedateof
signatureofcontractwherethetime-shareright
canbeexercisedinacountryotherthanwherethe
purchaserhashisnormalresidence;Article9
MemberStatesshallmakeprovision,notwithstanding a
choiceofthelawbythepartiestothecontractorthe
applicationoftheobjectivecriteriaofinternational
privatelawfordeterminingwhichlawshallapply,for
thepurchasernottobedeprivedoftheprotectiongiven
himbythisDirective:
(a)ifthepropertytowhichthetime-sharecontract
relatesissituatedinaMemberState;or
(b)ifthepurchaserhashisnormalresidenceina
MemberStateand
(i)ifconclusionofthecontractwasprecededin
thatMemberStatebyaspeciallydrafted
proposalorbyadvertising,andifthepurchaser
hascompletedinthatsameMemberStatethe
necessarylegalstepsforcompletionofthe
contract;
or
(ii)ifthevendororhisrepresentative receivedthe
orderfromthepurchaserinthatMemberState;
or
(iii)ifthepurchaserwentfromthatMemberState
toaforeigncountryandsignedthetime-share
contractthere,onconditionthatthejourney
wasorganizedbythevendorforthepurposeof
inducingthepurchasertoconcludesucha
contract .
Article10
TheMemberStatesshallmakeprovisionintheirlegis­
lationfortheconsequencesofnon-compliance withthe
provisionsofthisDirective.2.theinformationreferredtoinpoint1tobecontained
inthecontactinanunequivocalandclearlylegible
formandatleastinthesameprintastherestofthe
contract,immediatelyprecedingthesignaturesofthe
partiestothecontract;
3.therightofwithdrawalprovidedforinpoint1tobe
exercisedbythepurchaserbynotifyingtheperson
whosenameandaddressfigureinthecontractfor
thispurpose.Asregardscompliancewiththedeadline,
itissufficientfornotificationtobesent,byregistered
letter,beforeexpiryoftherelevantdeadline;
4.measuresdesignedto:
(a)laydowntheconditionsinwhich,wherethe
purchaserexercisestherightofwithdrawal
providedforinpoint1,anysumswhichmaybe

29.8.92 OfficialJournaloftheEuropeanCommunities NoC222/9
thisDirectiveby31December1994.Theyshall
immediatelyinformtheCommissionthereof.
WhenMemberStatesadopttheseprovisions,theseshall
containareferencetothisDirectiveorshallbeaccom­
paniedbysuchreferenceatthetimeoftheirofficial
publication .Theprocedureforsuchreferenceshallbe
adoptedbytheMemberStates.
Article13
ThisDirectiveisaddressedtotheMemberStates.Article11
ThisDirectiveshallnotpreventMemberStatesfrom
adoptingormaintainingprovisionswhicharemore
favourablewithregardtoprotectingtheinterestsofthe
purchaserinthefieldinquestion,withoutprejudiceto
theirobligationsundertheTreaty.
Article12
MemberStatesshallbringintoforcethelaw,regulations
andadministrative provisionsnecessarytocomplywith
ANNEX
MinimumlistofitemstobeincludedinthedocumentreferredtoinArticles5(1)and6(d)
(a)Adescriptionoftheimmovablepropertytowhichthetime-sharerightsrelateorwillrelate,giving
detailsofgeographicalsituation,whetherthepropertyhasalreadybeenbuilt,isbeingbuiltoris
plannedandstatingthatithasbeenbuiltorwillbebuiltaccordingtothestateoftheartandsoasto
obtainfromtheauthoritiesofthecountryinwhichthepropertyisorwillbesituatedthenecessary
authorization ,undernationallegislation,sothatthepropertyinquestioncaneffectivelybeoccupied .
(b)Thenatureofthevendor'stitletothelandonwhichtheimmovablepropertyisorwillbelocated;any
chargestowhichthepropertyissubject(e.g.mortgages,easements);whetherthevendorhasbeen
grantedtherequisitepermits(e.g.building,connectiontotelephone,electricity,water,gas,TV
services,etc.).
(c)Thepreciselegalstructureofthetime-shareschemeanditsduration.
(d)Anindicationofthetime-sharerightsofferedbythevendorandtheirduration;thenumberof
propertiesconstructed,underconstructionorplanned;thefurnishingsandfittingsassociatedwith
eachproperty .
(e)Thetotalnumberoftime-sharerightsineachproperty.
(f)Aclearandprecisedescriptionofthefixedandvariableperiodsofoccupation,statingthe
arrangementsfordeterminingsuchperiods.
(g)Thedateonwhichthepurchasermayoccupytheproperty.
(h)Commonfacilities(e.g.swimmingpool,sauna,tenniscourts,golfcourse,etc.)andexistingandfuture
servicestowhichthepurchaserisentitled,andthedateonwhichsuchfacilitiesandservicesmaybe
usedbythepurchaser .
(i)Thetotalcostforthepurchaser,layingdownclearlyandunequivocallythecostofthevarious
time-sharerightsoverthevariousperiodsoftheyear,wherealeaseholdarrangementisinvolved,the
rentmustbespecified.
(j)Theannualcostwhichthepurchaserisexpectedtoassumeforuseofthecommonfacilitiesand
services;theannualamountofchargesrelatedtooccupationofthepropertybythepurchaser;the
annualstatutoryandmandatorycharges(e.g.taxes,fees,etc.)andtheannualadministrativeoverheads
(e.g.management ,upkeep,repairs,etc.)andtheirexpecteddevelopment ;anycostspayablebythe
purchaserforspecialservicesonrequest.

NoC222/10 OfficialJournaloftheEuropeanCommunities 29.8.92
(k)TheguaranteesreferredtoinArticle3.
(1)Clearandunequivocaldetailsofconditions,limitsandcostoftime-shareexchangeandresaleservices,
wheretheseservicesexist;iftheydonotexist,thismustbeindicated.Atanyevent,theremustbea
statementtotheeffectthatthesaleoftime-sharerightscannotbeassuredatafixedpriceofwithina
fixedperiod.
(m)Measureswhichhavebeenorwillbetakeninrespectofthemanagement ,upkeepandmaintenanceof
theproperty,andanymeasuresadoptedortobeadoptedrelatingtothepurchaser'sparticipationin
theadministration andmanagement .
(n)Theperiodwithinwhichthepurchasercanexercisehisrighttowithdrawfromthecontract,as
referredtoinArticle7,thearrangementsforsodoingandtheeffectofwithdrawing .
ProposalforaCouncilDirectiveoncommonfrequencybandstobedesignatedforthe
coordinatedintroductionoftheterrestrialflighttelecommunications system(TFTS)inthe
Community
(92/C222/06)
COM(92)314final—SYN440
(SubmittedbytheCommissionon22July1992)
THECOUNCILOFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
Community,inparticularArticle100athereof,
HavingregardtotheproposalfromtheCommission,WhereastheCommunity-wide operationofmobile
communications systemswillgreatlydependuponthe
provisionofcommonfrequencybandsandassociated
harmonisedstandards;
WhereastheEuropeanTelecommunications Standards
Institute(ETSI)iscurrentlydevelopingtheEuropean
Telecommunications Standard(ETS)fortheterrestrial
flighttelecommunications system(TFTS);
Whereasthisstandardisexpectedtobeapprovedduring
1992;
WhereasthedevelopmentoftheETSmustobservethe
safetyofaircraftandflight,aswellastheneedfor
Europe-wideinteroperability ;
WhereastheEuropeanimplementation ofTFTSwill
provideauniqueopportunitytoestablishaeronautical
publiccorrespondence (APC)inEurope;
Whereasinordertomakethenecessaryinvestmentin
TFTSEuropeanairlinesandnetworkoperatorsneedthe
assuranceofalongtermfrequencyallocation;
WhereasETSIhasestimatedthatTFTSwill
progressivelyrequireanallocationof2x5MHzof
frequencyspectrumtomeetdemandinhightraffic
densityareasupto2005;IncooperationwiththeEuropeanParliament,
HavingregardtotheopinionoftheEconomicand
SocialCommittee,
WhereasCouncilresolution88/C257/01(*)callsforthe
promotionofEurope-wideservicesaccordingtomarket
requirements ;
WhereasCouncilresolution90/C27/05(2)callsfor
specialprioritytobegiventothedevelopmentandinter­
connectionoftrans-European networksnotably,'inter
alia',intheareaoftelecommunications ;
(')Councilresolution88/C257/01onthedevelopmentofthe
commonmarketfortelecommunication servicesand
equipment(OJNoC257,4.10.1988,p.1).
(2)Councilresolution90/C27/05concerningtrans-European
networks(OJNoC27,6.2.1990,p.8).