Section 99B — Competition and Consumer Act 2010: Gift cards to be redeemable for at least 3 years

(1) A person must not, in trade or commerce, supply a gift card to a consumer if the day that the gift card ceases to be redeemable is earlier than 3 years after the day of that supply. Note: A pecuniary penalty may be imposed for a contravention of this subsection. (2) If: (a) a gift card is, in trade or commerce, supplied to a consumer; and (b) the day that the gift card ceases to be redeemable is earlier than 3 years after the day of that supply; the day that the gift card ceases to be redeemable is taken to be 3 years after the day of that supply. (3) Subsection (2) does not affect a person’s liability for an alleged contravention of subsection (1) or section 191A.