What happens to gift vouchers when a company stops trading?
Thursday, October 8, 2015
The purpose of this note is to explain the treatment of gift vouchers and prepayment cards when a company, in financial difficulty, goes into administration. It outlines the administration process and the statutory order of distribution to creditors of realised company assets. It also considers the possibility of a consumer obtaining a refund if the gift voucher was bought with a credit or debit card. Finally, this paper briefly explores whether there may be scope for a change in the law in this area
Cities and Local Government Devolution Bill 2015-16 [HL]
Thursday, October 8, 2015
This briefing explains the provisions of, and the policy background to, the Cities and Local Government
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