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United Kingdom · Question · Written question

HL HL4073

Retail Trade: Money

answeredUnited Kingdom· UK Parliament· EN

Introduced

6 December 2022

Last action

15 December 2022 · Answer

Status

Answered

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Discovery layer

Source updated

15 December 2022

Summary

To ask His Majesty's Government what assessment they have made of the levels of compliance by businesses with the Bills of Exchange Act 1882; and what steps they will take to ensure that cash is accepted in all retail establishments.

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Timeline

  1. 6 December 2022

    Written question

    To ask His Majesty's Government what assessment they have made of the levels of compliance by businesses with the Bills of Exchange Act 1882; and what steps they will take to ensure that cash is accepted in all retail establishments.

    Source: Lords

  2. 15 December 2022

    Answer

    A bill of exchange is a paper financial instrument that is used to transfer money from one person to another instead of the transfer of the actual money itself. The Bills of Exchange Act 1882 does not specify how they must pay if one is agreed. As technol...

    Source: Written answer

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