Repeals
Directive 85/577/EEC and Directive 97/7/EC, as amended by Directive 2002/65/EC of the European Parliament and of the Council of 23 September 2002 concerning the distance marketing of consumer financial services ( 21 ) and by Directives 2005/29/EC and 2007/64/EC, are repealed as of 13 June 2014. References to the repealed Directives shall be construed as references to this Directive and shall be read in accordance with the correlation table set out in Annex II.
Amendment to Directive 93/13/EEC
In Directive 93/13/EEC, the following Article is inserted: ‘Article 8a 1. Where a Member State adopts provisions in accordance with Article 8, it shall inform the Commission thereof, as well as of any subsequent changes, in particular where those provisions: — extend the unfairness assessment to individually negotiated contractual terms or to the adequacy of the price or remuneration; or, — contain lists of contractual terms which shall be considered as unfair, 2. The Commission shall ensure that the information referred to in paragraph 1 is easily accessible to consumers and traders, inter alia, on a dedicated website. 3. The Commission shall forward the information referred to in paragraph 1 to the other Member States and the European Parliament. The Commission shall consult stakeholders on that information.’
Amendment to Directive 1999/44/EC
In Directive 1999/44/EC, the following Article is inserted: ‘Article 8a Reporting requirements 1. Where, in accordance with Article 8(2), a Member State adopts more stringent consumer protection provisions than those provided for in Article 5(1) to (3) and in Article 7(1), it shall inform the Commission thereof, as well as of any subsequent changes. 2. The Commission shall ensure that the information referred to in paragraph 1 is easily accessible to consumers and traders, inter alia, on a dedicated website. 3. The Commission shall forward the information referred to in paragraph 1 to the other Member States and the European Parliament. The Commission shall consult stakeholders on that information.’
Entry into force
This Directive shall enter into force on the 20th day following its publication in the Official Journal of the European Union .
Addressees
This Directive is addressed to the Member States.
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