Tourism Law in Europe
        
 authors and in contradiction with the prevailing model in the market, characterised mainly by its Anglo-Saxon origin: the club-trustee 3 . Thus, timesharing is configured in Spain in accordance with the legal nature of limited real rights, which configures its legal framework. II. Normative Evolution Directive 94/47/EC of the European Parliament and the Council of 26 October 1994 on the protection of purchasers in respect of certain aspects of contracts relating to the purchase of the right to use immovable properties on a timeshare basis 4 was transposed into the Spanish legal system through Ley 42/1998, de 15 de diciembre , sobre derechos de aprovechamiento por turnos de bienes inmuebles de uso turístico y normas tributarias 5 (Law 42/1998, of December 15, on timesharing and tax regulations). The Spanish law 42/1998 adopted the name “derechos de aprovechamiento por turnos de bienes inmuebles de uso turístico” (profit per turn of real estate for tourist use), rejecting the “timeshare” as inappropriate. The legislator then asked himself if several institutional forms should be regulated or if their regulation should be limited to just one, leaving all the others outside the law. An intermediate formula was chosen, consisting of the detailed regulation of a new real right, allowing, however, the configuration of the right as a variant of the seasonal lease 6 . Directive 94/47/EC was repealed by Directive 2008/122/EC of the European Parliament and of the Council of 14 January 2009 on the protection of consumers in respect of certain aspects of timeshare, long-term holiday product, resale and exchange contracts (Text with EEA relevance) 7 , whose transposition to the Spanish legal systemwas 3 Vid, L.J. Capote Pérez, “Time-sharing en España. Un apunte sobre la regulación de la mal llamada «multipropiedad» en el Derecho español”, i n Nautis et Incolis: Revista de la Real Sociedad Económica de Amigos del País de Tenerife ,  ISSN 2444-7145 , Nº. 1, 2014.,  p. 8. Vid . also, Mª Carmen González Carrasco, “El nuevo régimen de aprovechamiento por turno de bienes inmuebles de uso turístico”, in Revista CESCO de Derecho de Consumo , N. 3/2012, p. 2. 4 OJ L 280, 29.10.1994. 5 BOE no. 300, 16 December 1998 6 Vid. Preamble II Law 4/2012. 7 OJ L 33, 3.2.2009. For a detailed study of the Directive, vid. P. Munar Bernat , “ Estudio sobre la Directiva 2008/122/CE, de 14 de enero de 2009, relativa a la protección de los consumidores en los contratos de aprovechamiento por turnos de bienes de uso turístico” , Indret: Revista para el Análisis del Derecho ,  ISSN- e 1698-739X , Nº. 4, 2009.
        
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