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Late implementation: Iceland to be brought to court for failure to implement four directives

11.7.2013

PR(13)69

The EFTA Surveillance Authority is bringing four cases against Iceland before the EFTA Court. The cases concern the failure to timely implement four directives.

  • Directive 2008/122/EC harmonizes the rules on time-sharing contracts and covers the market changes and new products e.g. holiday clubs, resale and exchange.
    The Directive should have been made part of the Icelandic legal order by 1 November 2011.
     
  • Directive 2001/81/EC sets upper limits for the national emission for certain atmospheric pollutants, but leaves it largely to the States to decide which measures to take in order to comply. The Directive seeks to protect the environment and human health by ensuring that pollutant levels remain below critical levels.
    The Directive should have been made part of the Icelandic legal order by 1 January 2012. 
  • Directive 2009/22/EC is an updated version of Directive 98/27/EC. The Directive ensures the protection of the collective interests of consumers in the internal market by providing means to bring action for the cessation of infringements of consumer rights.
    The Directive should have been made part of the Icelandic legal order by 1 January 2012. 
  • Directive 2009/44/EC amends certain rules on the protection of settlement systems and financial collateral arrangements. The Directive aims at bringing Directive 98/26/EC on settlement finality in payment and securities settlement systemsand Directive 2002/47/EC on financial collateral arrangements in line with regulatory and market developments that have occurred since they were originally drafted and adopted. These are the two main EEA instruments in the area of clearing and settlement and financial collateral.
    The Directive should have been made part of the Icelandic legal order by 1 February 2012. 

As Iceland has not taken measures to implement the four Directives, the matter will now be brought before the EFTA Court.

For further information, please contact: 

Mr. Xavier Lewis
Director, Department og Legal and Executive Affairs
Tel: (+32)(0)2 286 18 30




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