Trading Stamps Act, 1980

Statements required on face of trading stamps.

4.—(1) No person shall issue, or cause to be issued, or deliver or cause to be delivered, to any person a trading stamp unless it bears on its face in clear and legible characters—

(a) the name or registered trade mark of the company which issued it, and

(b) a value expressed in the currency of the State.

(2) The Minister may, by order, prescribe that the value specified on the face of a trading stamp shall be—

(a) not less than the cost of the trading stamp to the person to whom it is sold, or

(b) not less than that cost by more than such proportion as may be specified in the order,

and different values may be prescribed for different classes of trading stamps.

(3) The Minister may by order amend or revoke an order under this section including an order made under this subsection.

(4) Every order made by the Minister under this section shall be laid before each House of the Oireachtas as soon as may be after it is made and, if a resolution annulling the order is passed by either House within the next twenty-one days on which that House has sat after the order has been laid before it, the order shall be annulled accordingly, but without prejudice to the validity of anything previously done thereunder.

(5) Any person who issues, or causes to be issued, or delivers or causes to be delivered any trading stamp in contravention of this section or of an order made thereunder shall be guilty of an offence and shall be liable on summary conviction to a fine not exceeding £500.