05-04-2024, 01:57 PM
5-cent coins are legal tender but businesses can still reject them as payment -- under one condition https://stomp.straitstimes.com/singapore...nt-under-1
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5-cent coins are legal tender but businesses can still reject them as
05-04-2024, 02:06 PM
Waliao the law is so complex ...
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
05-04-2024, 02:10 PM
For those who doesn’t want to click the link.
Quick samurai at below:
“Under the Currency Act, businesses are allowed to reject five-cent coins – or any of the denominations of coins or currency notes – but they must provide a written notice of this to the payer before the payer incurs a debt.
Otherwise, all denominations of the currency notes and coins, up to legal tender limits, tendered as payment must be accepted, said MAS.”
Quick samurai at below:
“Under the Currency Act, businesses are allowed to reject five-cent coins – or any of the denominations of coins or currency notes – but they must provide a written notice of this to the payer before the payer incurs a debt.
Otherwise, all denominations of the currency notes and coins, up to legal tender limits, tendered as payment must be accepted, said MAS.”
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