GIFT COUPONS

Hokitika Guardian, 6 April 1932, Page 3

GIFT COUPONS

end OF THE SYSTEM

REDEMPTION FOR CASH

After April 30 gift coupon, > schemes in .tfade will become illegal in the Dominion, as the Trading. Coupons Act, 1931, then comes into operation! Manufacturers and others operating gift schemes are now advising coupon holders to send in their accumulations before that date. After April 30, only unconditional redemption for cash if permissible. .. - . „• , I in addition'to aiming at putting . a stop to the of goods ~ iii exchange for" coupons, the Act prevents middlemen from operating. To ithis end jilt. lays down that, ..cpupqiisj may 'be redeemed for cash after April 30 by the party who has issued., them only, whether it be the manufacture:!') packer, importer or distributor on tb(j one hand, or the actual seller on tj>d other. The Act also repeals the Trafl-j ing Stamps Prohibition and Discount IStamp Issue Act, 1908, Parliament having decided that there is uo demand for the facilities it provides. A firm issuing cigarette and tobacco coupons has advertised that it will redeem coupons presented up to April 30 with the proviso that deficiencies.,.,, in coupons up to 50 per cent may be made good in cash at the rate of -j-d for a coupon contained in a packet of ten cigarettes and Id for one. accompanying 2oz of tobacco. Coupons will 'be re-; deemed in cash during June at.. .the' fame rates, and tile ■scheme, will then be closed. A firm of tea ..distributors has. announced' ,that pufslaEding.. coupons piu-st be sent in no.t. than (April. 15 so that 'gift' goods , njay ; be posted by. April 30. ~ . , • The Act will not'interfere with; 7 -h n distribution of gifts at, the actu.a], time of sale. There is no indicating <s,. ..present that any of the manufacturers, or wholesalers who have conducted -gilt schemes will continue them on the- cash basis allowed by the law after. .April 30.