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Changeless bus passenger denied boarding
MIG wrote "Tim Roll-Pickering" wrote: Boltar wrote: being unreasonable then go into a corner shop and see the reaction you get if you try and buy a mars bar with a 50 quid note. Isn't there an actual law that allows retailers the ability to refuse payment if offered in too high a denomination? I thought it was the other way round, eg paying £150 in 2p coins. That's is indeed the law http://www.tclayton.demon.co.uk/dec.html 1 and 2 GBP coins are legal tender to any amount. 20p and 50p coins are legal tender up to a total value of 10 pounds. 5p and 10p coins are legal tender up to a total value of 5 pounds. 1p and 2p coins are legal tender up to a total of 20 pence. Mind you, legal tender is an odder concept than you might think. No one has to accept pounds unless there is a pre-existing debt (so restaurants but not ordinary stores) and no one is legally obliged to give change. http://www.bankofengland.co.uk/bankn...egaltender.htm Cotton, William (1786-1866) Title Everybody's Guide to Money Matters: ( http://www.gutenberg.org/etext/1903 ) "No one, however, can be compelled to give change; that is to say, if you owe a person £4 15s., you are bound in strict law to pay him that exact sum." -- Mike D |
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