Gift card legislation takes effect today (Sept. 1)



Wed, 09/01/2010 - 09:58

Justice and Public Safety Minister Doug W. Currie is reminding

Islanders that Gift Card legislation passed this spring comes into

effect today, September 1. The Gift Cards Act prohibits expiry dates and

administrative fees on most gift cards and requires clear disclosure of

all fees and other terms and conditions. Minister Currie says this new

legislation is important for Island consumers because it ensures they

get what they have paid for and that they are made clearly aware of any

fees or restrictions applied to the gift card when it is issued.  The

new legislation applies to gift cards, gift certificates or any other

voucher sold with a monetary value attached. Gift cards for charity,

promotion and specific goods and services are exempt.


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