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S.L. 409.18 · Package Travel Insolvency Fund (S.L. 409.18)

S.L. 409.18 чл. 2Scope.

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The purpose of these regulations is to set-up an Insolvency Fund to provide security for the refund of all payments made by or on behalf of travellers insofar as the relevant services are not performed as a consequence of the organiser’s insolvency, including repatriation where applicable. The fund shall be managed and administered by a Managing Board as set-up by virtue of these regulations, and also to partially transpose the provisions of the Directive (EU) 2015/2302 of the European Parliament and of the Council of 25 November 2015 on package travel and linked travel arrangements, amending Regulation (EC) No 2006/2004 and Directive 2011/83/EU of the European Parliament and of the Council and repealing Council Directive 90/314/EEC.