New legislation, if passed successfully, will make gift vouchers retain their validity for five years.
The issue of gift vouchers having a relatively short validity period had become a bone of contention between customers and retailers in recent times.
Consumers can now safely put away their vouchers and use them when they want to, rather than when they have to.
There have been calls for this for quite some time as some gift card vouchers become invalid if left idle after a certain period of time.
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