Mobile carriers have two weeks to conduct “free” phone in abo

Mar

22

2016

Finance Minister Jeroen Dijsselbloem going providers two weeks to give time to come up with a code of conduct itself in order to get an exception to the Act on Financial Supervision. Failing that, the provision of handsets on subscriptions will be legally valid if purchase in installments.

It is the second time that the providers reprieve. Actually had the Code there should be January 1, but Dijsselbloem put the deadline off until March 1st. The providers did come with a code of conduct, but they did not, says the minister. “This reflects the concerns Authority for Consumers and Markets recently about the Code and expressed content with the choices made by the industry in shaping and modifying the code of conduct.”

Last year the minister was already clear that subscriptions with ‘free’ devices were to fall financial supervision under the law, after a ruling by the Supreme Court on this. If that were so, should providers if they give a discount of more than 250 euros, should consider using a means test or the customer who can handle debt. In addition, they have to ask for things like rent or mortgage and family composition. Those things were so far all unnecessary.

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