As you may already know, on 18 October 2017 a Bill was passed that will require gift cards issued to a consumer in NSW to have a minimum expiry period of 3 years. Gift cards also must not be subject to any post-purchase administrative fees.
Prior to commencing these reforms, the Government is interested in understanding what small businesses will need to do to implement these reforms.
The NSW Department of Finance, Services and Innovation (DFSI) is inviting all chambers to provide a written submission including how businesses anticipate implementing the reforms, additional operational requirements and an approximate timeframe required to achieve this.
If you would like to share your thoughts with us on how the reform may affect your business, please email us at firstname.lastname@example.org.
We look forward to hearing your feedback!