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Giving Change
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Author:  captain cab [ Wed Apr 01, 2009 5:53 pm ]
Post subject:  Giving Change

I have a London Cab Drivers 2009 diary.

In the points of law section the following is stated;

Where a service has been provided and a debt incurred a legal tender requires that the exact sum of the debt be tendered without necessitating any change.

A creditor is not obliged to give change when (legal tender) notes are offered to a greater value than the amount of debt.

The legislative instrument which defines legal tender is the Currency and Bank Notes Act 1954, although the definition given above is actually taken from a banking directory.


Is my float a thing of the past?

CC

Author:  toots [ Wed Apr 01, 2009 5:59 pm ]
Post subject: 

Would that be something that only applies to London Taxis :?

Author:  gusmac [ Wed Apr 01, 2009 6:30 pm ]
Post subject: 

toots wrote:
Would that be something that only applies to London Taxis :?


The instrument referred to is a UK act of parliament.
http://www.opsi.gov.uk/RevisedStatutes/ ... 40012_en_1

Author:  toots [ Wed Apr 01, 2009 6:43 pm ]
Post subject: 

:? :? :? :? Obviously a blonde attack. I read the link but that just tells me about money and the Bank of England it doesn't say anything about what CC says.

Author:  gusmac [ Wed Apr 01, 2009 6:47 pm ]
Post subject: 

toots wrote:
:? :? :? :? Obviously a blonde attack. I read the link but that just tells me about money and the Bank of England it doesn't say anything about what CC says.


It defines "legal tender".

I imagine that any requirement regarding change or no change from legal tender would apply everywhere.

Author:  gusmac [ Wed Apr 01, 2009 6:50 pm ]
Post subject: 

If there is no requirement to give change, then it doesn't have to be given :wink:

Author:  captain cab [ Wed Apr 01, 2009 6:51 pm ]
Post subject: 

gusmac wrote:
If there is no requirement to give change, then it doesn't have to be given :wink:


But there was a cab driver prosecuted for it down south.......and as I stated originally it was in a cab drivers diary under points of law.

I'm as confused as toots! :shock:

CC

Author:  toots [ Wed Apr 01, 2009 7:05 pm ]
Post subject: 

gusmac wrote:
toots wrote:
:? :? :? :? Obviously a blonde attack. I read the link but that just tells me about money and the Bank of England it doesn't say anything about what CC says.


It defines "legal tender".

I imagine that any requirement regarding change or no change from legal tender would apply everywhere.


That's what I thought. Then I thought I've missed something cos even I'm not THAT blonde as not to know what legal tender is :? :lol:

Author:  gusmac [ Wed Apr 01, 2009 7:07 pm ]
Post subject: 

captain cab wrote:
gusmac wrote:
If there is no requirement to give change, then it doesn't have to be given :wink:


But there was a cab driver prosecuted for it down south.......and as I stated originally it was in a cab drivers diary under points of law.

I'm as confused as toots! :shock:

CC


What was the actual charge? and was he found guilty?

Perhaps he broke some bye-law or condition of his licence?

Author:  captain cab [ Wed Apr 01, 2009 7:08 pm ]
Post subject: 

gusmac wrote:

What was the actual charge? and was he found guilty?


I'll dig it out.

CC

Author:  toots [ Wed Apr 01, 2009 7:11 pm ]
Post subject: 

Quote:
I'm as confused as toots! :shock:

CC


Be careful it's contagious :lol:

Author:  captain cab [ Wed Apr 01, 2009 7:15 pm ]
Post subject: 

gusmac wrote:

What was the actual charge? and was he found guilty?

Perhaps he broke some bye-law or condition of his licence?


I was mistaken.

The case is in the NALEO Book.

A driver refused a fare on a cab rank because the passenger wanted to pay with a £5 note and the driver said he had no change!

It was 1995.....I suppose £5 was a lot of money in those days :lol:

It cost the driver £150 in magistrates.....and £250 in crown court!

regards

CC

Author:  grandad [ Wed Apr 01, 2009 7:16 pm ]
Post subject: 

Bank notes are not proper money. They are promisary notes. You can exchange them for money at the bank of England. It says so on every one of them.

Author:  toots [ Wed Apr 01, 2009 7:19 pm ]
Post subject: 

captain cab wrote:
gusmac wrote:

What was the actual charge? and was he found guilty?

Perhaps he broke some bye-law or condition of his licence?


I was mistaken.

The case is in the NALEO Book.

A driver refused a fare on a cab rank because the passenger wanted to pay with a £5 note and the driver said he had no change!

It was 1995.....I suppose £5 was a lot of money in those days :lol:

It cost the driver £150 in magistrates.....and £250 in crown court!

regards

CC


I suppose he should have said 'I'll take you but I can't give you any change' hindsight is a wonderful thing :D

Author:  GBC [ Wed Apr 01, 2009 11:23 pm ]
Post subject:  Re: Giving Change

captain cab wrote:
I have a London Cab Drivers 2009 diary.



Then give it back. [-X

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