Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of bringing forward legislative proposals to introduce a five year expiry period on gift cards and vouchers.
The Department asked the Law Commission to examine the protection given to consumer prepayments, including gift cards and vouchers, and consider whether such protections should be strengthened. The Law Commission concluded that that there was no need to introduce additional measures for gift cards and vouchers including in relation to expiry dates.