Consumer Claims Tribunal can now deal with cases up to €10,000 in value

Published by
The Malta Business Weekly

The House of Representatives on Monday approved the third reading of a bill focusing on regulations to improve the competencies of the Consumer Claims Tribunal in handling issues faced by consumers. This draft was approved by all the procedural stages of parliament, a government statement said. 

The Consumer Claims Tribunal deals with cases which relate to disagreements and discrepancies between the consumer and supplier of a product or service which do not exceed the value of €5,000. The original maximum value was €3,500 but was raised to €5,000 in 2021.

With the amendment approved by Parliament, the maximum amount has now been raised further to €10,000, allowing the tribunal to deal with a wider range of claims. Cases end up being dealt with by this tribunal after the attempts of resolving the situation by the Office for Consumer Affairs leave the issue unresolved.

The Minister for Inclusion, Volunteering, and Consumer’s Rights Julia Farrugia Portelli, who brought forward the amendments, stated that with the enactment of the law fulfilled an electoral pledge made by the Labour Party.

The law also enables the introduction of the concept of video conferencing. This introduction should lead to further efficiency in the overall process. The government said consumers will have better opportunities to resolve their cases due to the substantial rise in the maximum amount for claims.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

Recent Posts

How the stock market defied expectations again this year, by the numbers

What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried…

7 days ago

Editorial: 2024 problems will spill into 2025

The year is approaching its end and it is time to take a look back…

2 weeks ago

Inflation, environment main concerns for Maltese citizens – Eurobarometer

Inflation and the environment are the major concerns for Maltese citizens according to the latest…

2 weeks ago

16 local councils in financial trouble as they owe more money than they have

16 local councils are in financial trouble as at the end of 2023 they owed…

2 weeks ago

From Damascus to Moscow

Last week I promised my readers that I will be writing about the current military…

2 weeks ago

Economic outlook

The Central Bank of Malta has just issued its latest outlook for the Maltese economy…

2 weeks ago