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On Mon, Apr 12, 2010 at 12:12:27AM +0100, Julian Hall wrote:
> On 11/04/2010 06:23, Henry Bremridge wrote:
> >On Sat, Apr 10, 2010 at 11:45:56PM +0100, Rhia Knowles wrote:
> >>http://www.theregister.co.uk/2010/04/09/plywood_cheque/
> >>
> >>I saw this, thought of Gordon, but then thought we all might enjoy the smirk
> >>just as much.
> >What is that wonderful expression "don't try this at home"
> >
> >see
> >
> >http://www.royalmint.com/corporate/policies/legal_tender_guidelines.aspx
> >
> >cheques on fancy materials are not legal tender
> >
> >What I would like to do however is the next time I get asked to sign on
> >to a secure website to send emails is to send a reply that requires them
> >to sign onto my secure website
> >
> >
> So, if I gave you:
> 21 x 1p
> 11 x 2p
> 101 x 5p
> 51 x 10p
> 51 x 20p
> 21 x 50p
>
> That wouldn't be legal tender because they are 21p[1], 22p[1],
> £5.05[2], £5.10[2], £10.20[3] and £10.50[3]?
>
> My Granddad never knew that when he sorted out the church
> collection! Thinking about it, is THAT why the plastic coin bags
> are always labelled with the maximum amounts per bag, so each bag
> contains one amount of legal tender? I always thought it was just
> to make them easier to count.
>
> I've never seen a 25p or £5 coin btw?
Legal tender has a specific meaning (in England & Wales, at least; it
might be different in Scotland). That is, it cannot be refused in
payment of a debt. It doesn't mean that you're not permitted to spend
it otherwise. So therefore a restaurant couldn't refuse payment in
banknotes, and it couldn't refuse payment in coins below a certain
quantity (because when you pay after a meal in a restaurant you're
technically settling a debt).
However, when you buy something in a shop you're not settling a debt,
so they can accept or not as they wish. And that also doesn't mean
that if you paid with too many coins it wouldn't be accepted; they
just wouldn't necessarily have to.
bma
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