The TVOA requires all members to follow a Code of Ethics so as to ensure they maintain the highest standards of practice in the vacation ownership industry in Thailand. The Code sets out the minimum standards expected of members including general requirements and administrative procedures that should be followed. All members should conduct their business activities honest, fairly, professionally, with integrity and dignity, and in compliance with applicable laws and regulations. The Code is not intended to replace such laws or regulations, rather it should be followed in the absence of any such laws or regulations, or where the Code is more stringent than the applicable laws or regulations.