If the exhibitor is selling travel packages, a statutory travel guarantee must be provided. Package travel organizers registered with TravelXpo must be members of the Travel Guarantee Fund, Ref Package Travel Act §1
What is the Travel Guarantee Fund?
The Travel Guarantee Fund is a foundation whose task is to administer the travel guarantee scheme in Norway. The purpose of the fund is to ensure that consumers who have purchased a package tour from the fund’s members will not suffer financial loss and/or be stranded at the destination if the company that sold the package tour goes bankrupt.
This means that the enterprise/company must provide a travel guarantee and pay an annual fee to both the Travel Guarantee Fund and the Complaints Board for package tours.
HERE you will find the necessary forms and instructions.
For anyone who is going to operate a package travel business, membership in the Travel Guarantee Fund is required by the Package Travel Act and related regulations.
This means that the company/company must provide a travel guarantee and pay an annual fee to both the Travel Guarantee Fund and the Complaints Board for package travel.