TWO of Spain's largest high-street banks are reported to be in merger talks, potentially resulting in the joint entity being the second-biggest in the country in terms of share capital.
Warranty periods for electrical goods to be extended from 1st January 2022
23/12/2021
From 1st January 2022 there will be changes to the manufacturers' guarantees that come with new electrical goods. The Spanish Consumers' Association (OCU) has confirmed that products sold from the beginning of next year will come with a three-year manufacturer's warranty instead of the current two years, and manufacturers will have to guarantee the availability of spare parts for ten years, rather than the current five.
The new measures come as part of a change to the General Consumers & Users Defence Law which will come into force in January 2022, and which adds these additional guarantees which, according to the OCU, represent "another step towards product sustainability and repairability".
So if you are thinking about rushing out and buying a new TV or washing machine in time for Christmas, the advice from OCU is to delay that purchase until after 1st January 2022.
Related Topics
From 1st January 2022 there will be changes to the manufacturers' guarantees that come with new electrical goods. The Spanish Consumers' Association (OCU) has confirmed that products sold from the beginning of next year will come with a three-year manufacturer's warranty instead of the current two years, and manufacturers will have to guarantee the availability of spare parts for ten years, rather than the current five.
The new measures come as part of a change to the General Consumers & Users Defence Law which will come into force in January 2022, and which adds these additional guarantees which, according to the OCU, represent "another step towards product sustainability and repairability".
So if you are thinking about rushing out and buying a new TV or washing machine in time for Christmas, the advice from OCU is to delay that purchase until after 1st January 2022.
Related Topics
More News & Information
A MERGER between two key telecommunications providers has now been finalised – Orange and MásMóvil will operate as a single company from April onwards.
A GROUND-BREAKING new customer service law has finally been approved by Spain's Council of Ministers after being shelved for nearly two years.
EVERY January in Spain sees the start of a new tax year and, with it, changes in prices of utilities, commodities and certain consumer goods, along with amendments to State benefits, the minimum wage, and contributory...