COMMENT: Block exemption: reform in the slow lane
When amendments were made to the automotive industry's 'block exemption' legislation last year, many predicted significant change in the way cars were sold and serviced. With the compliance deadline [October 1] looming however, signs of progress are few and far between. The deadline for adoption of the new laws governing the motor trade is just a day away, yet it seems that many in the business have failed to take action to comply with them. When the EU imposed reforms to the industry's 'block exemption' regulations, concerning the way new vehicles were sold and serviced, a one-year notice period was introduced to give businesses time to make the necessary changes.
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