Singapore legislation

Regulation 3B

of Consumer Protection (Fair Trading) (Cancellation of Contracts) Regulations 2009

Regulation 3B

Product information notice

Subregulation 1

A supplier who proposes in the course of the supplier’s business to enter into a time share contract or a long‑term holiday product contract with a prospective consumer must, prior to the entering of the contract, provide the prospective consumer, free‑of‑charge, with a product information notice relating to the time share accommodation or long‑term holiday product (as the case may be) that complies with paragraph (2).

Subregulation 2

A product information notice must, in relation to the time share accommodation or long‑term holiday product (as the case may be) set out the information specified in the Third Schedule in a manner that is —

(a)

clear, comprehensible and accurate; and

(b)

sufficient to enable the prospective consumer to make an informed decision about whether or not to enter into the time share contract or long‑term product contract, as the case may be.