4th Session, 40th Legislature
This HTML version is provided for ease of use and is based on the bilingual version that was distributed in the Legislature after First Reading.
THE CONSUMER PROTECTION AMENDMENT ACT (GIFT CARD INACTIVITY FEES)
|Bilingual version (PDF)||Explanatory Note|
(Assented to )
HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:
The Consumer Protection Act is amended by this Act.
Section 173 is amended by renumbering it as subsection 173(1) and adding the following as subsection 173(2):
Restriction on inactivity fees
Despite clause (1)(f), a regulation governing the fees that may be charged in relation to prepaid purchase cards may not authorize an inactivity fee in relation to a prepaid purchase card that was issued or sold for cash or other consideration.
This Act comes into force on a day to be fixed by proclamation.
This Bill amends the prepaid purchase card (gift card) provisions of The Consumer Protection Act to preclude inactivity fees in relation to cards issued for cash or other consideration.