Comments for Gift Certificates

Average Rating starstarstarstarstar

Click here to add your own comments

Jul 18, 2011
Expiry dates and new laws
by: Anonymous

With new provincial laws in place (Alberta) are gift certificates held to the same restrictions on expiry dates as gift cards? I donated a gift certificate a year ago for a 4 hour cleaning service and had stipulated a 6 month expiry date. I was contacted last week by the recipient to redeem and advised that I could not enfource an expiry date.

The motivation to donate was two fold. To help find clients for my new business as well as help raise funds for the charity. In the time since the donation I have increased my hourly charge but the gift certificate only stated a 4 hr. service with no value listed.

Am I under any legal obligation to honour this gift certificate or is it merely a moral obligation? I have no way of confirming what if anything was paid for the donation and suspect that it may have been a leave behind that one of the volunteers took over a year ago.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Bookkeeping Questions and Answers.

Return to Gift Certificates.

Please subscribe to my monthly newsletter, Bookkeeping Basics E-zine. It tells you each month about the new information that I have added, including some great tips and advice from myself and other Bookkeeping Basics readers.

Enter Your E-mail Address
Enter Your First Name (optional)

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Bookkeeping Basics E-Zine.