Legal tender

Howlin

Can anyone find an article for businesses having to accept legal tender to pay for a service?

Victor

http://www.irelandinformationguide.com/Legal_tender#Legal_tender_in_the_Republic_of_Ireland
http://www.irishstatutebook.ie/1998/en/act/pub/0038/index.html

You are perfectly entitled to state how you will transact your business, e.g. coins only, credit card only, no notes over €50.

Howlin

In my college we have to use a coin machine to top up a card so we can print off sheets. Last year the machine accepted 10 and 20 cents but this year only 1 and 2 euro are accepted
So im wondering since they do not accept 10,20 and 50cents, are they denouncing legal tender and are they breaking the law or are they within their rights to do this?

MagicSean

Yes they are within their rights.

tricky D

This comes up regularly.

Legal tender must be accepted for debts.

Rough example: you're buying something in the shop, the shop can refuse legal tender and not sell the item, but if, in a restaurant where you have already eaten a meal, legal tender must be accepted. Something along those lines.

MagicSean

There is a similar thread further down the forum page.