questionText: To ask the Secretary of State for Business and Trade, pursuant to the Answer of 31 October 2025 to Question 84448 on Timesharing: Regulation, whether his Department is considering taking steps to (a) require licensing and bonding of management companies, (b) ensure audited accounts are accessible to fractional owners and (c) prohibit the use of perpetual contracts or in-perpetuity clauses.
answerText: There are no current plans to consider licencing and bonding of timeshare management businesses. All companies are required to file audited accounts subject to certain exemptions, in particular for micro-sized companies, which may prepare and file simplif...
heading: Timesharing: Regulation