Competition and Consumer Act 2010
Sch 2 s 99BGift cards to be redeemable for at least 3 years
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99B Gift cards to be redeemable for at least 3 years
(1) A person must not, in trade or commerce, supply a gift card to a consumer if the day that the gift card ceases to be redeemable is earlier than 3 years after the day of that supply.
Note: A pecuniary penalty may be imposed for a contravention of this subsection.
(2) If:
(a) a gift card is, in trade or commerce, supplied to a consumer; and
(b) the day that the gift card ceases to be redeemable is earlier than 3 years after the day of that supply;
the day that the gift card ceases to be redeemable is taken to be 3 years after the day of that supply.
(3) Subsection (2) does not affect a person’s liability for an alleged contravention of subsection (1) or section 191A.