Collective Commentary about the New Package Travel Directive

850 COLLECTIVE COMMENTARY ABOUT THE NEW PACKAGE TRAVEL DIRECTIVE 27) The second pillar is the insurance for the traveller as the beneficiary, which must only be available to the tour operators and traders facilitating linked travel arrangements, whose travel packages and linked travel arrangements also contains the transport of passengers. 28) Based on Section 2(1), prior to their commencement, the activities of tour operators, retailers and traders facilitating linked travel arrangements must be reported to the Government Office of the Capital City Budapest. 29) Based on Sections 2/A, 3, 10, 11 and 11/A, the Government Office • keeps authentic records of tour operators, retailers and traders facilitating linked travel arrangements, • controls the existence of the financial security contract or deposit upon the reporting of the activities of tour operators and traders facilitating linked travel arrangements, and whether the amount of financial security is corresponding to the provisions of Section 8 of the Decree on the basis of the turnover data provided by the reporting party, • controls the existence of the insurance contract in case the package travel or linked travel arrangements also contains the existence of an insurance contract for the traveller as the beneficiary, • may control at any time whether the activities of tour operators, traders facilitating linked travel arrangements and retailers are in compliance with the provisions of the Decree, • imposes a fine if the breach of law is established, • takes measures for using the financial security in the case of the insolvency of tour operators, traders facilitating linked travel arrangements and retailers, • deletes tour operators, traders facilitating linked travel arrangements and retailers from authentic records in the cases defined in the Decree. 30) The activities by tour operators, traders facilitating linked travel arrangements and retailers may be commenced after having been entered in the register by the Government Office.