S.L. 409.16 Art. 3Interpretation. Cap. 409. S.L. 409.02

(1) In these regulations, unless the context otherwise requires -"the Act" means the Malta Travel and Tourism Services Act;

"the Authority" means the Malta Tourism Authority; "bond" means the amount deposited by a marketing company to cover fines imposed by the Authority for breaches of the regulations by the marketing company depositing the bond and by the OPCs of the same company; "identity document" means the identity document issued by the Authority in terms of regulation 6; "marketing company" means the physical or legal person being the operational resort or club itself or any of its marketing agents or representatives which actively market, promote the timeshare and timeshare like products of the same resort or club through an off-premises system; "off-premises system" means the marketing and promotion of timeshare and timeshare-like products in public areas; "OPC representative" means an individual who is employed or otherwise engaged by the marketing company to act as its representative in the making of outside promotional contacts as part of a communications campaign to attract prospective buyers;

"operational resort" means a hotel licensed under the Act which operates units on timeshare or operates other timeshare like products and is recognised as such by the Authority; "sale of a timeshare and timeshare-like products" includes both the marketing and sales aspects of a contract concerning intermittent rights of occupancy for holiday accommodation, and shall include, but shall not be limited to, approaching prospective buyers for such purpose; "timeshare-like products" means any agreement of any duration which includes elements of timeshare and shall include, but shall not be limited to, a contract of a duration of more than one year under which a consumer, for consideration, acquires primarily the right to obtain discounts or other benefits in respect of accommodation, in isolation or together with travel or other services.

(2) All other words and expressions shall have the same meaning as is assigned to them by the Act and by the Protection of Buyers in Contracts for Time Sharing of Immovable Property Regulations.