Press Release
December 30, 2017

STATEMENT OF SENATOR JUAN MIGUEL F. ZUBIRI ON GIFT CHECK LAW

The Gift Check law signed recently is one of our relevant outputs in this Second Regular Session. It formalized the numerous memos & orders which governed the use of gift checks.

Now, the confusion, loss and false advertising claims of shops and retailers are put to rest. Receivers and buyers of Gift Checks now have peace of mind that the value of the GC stated in paper, plastic & covered transactions will not diminish at all.

It is virtually good as cash in the shops issuing the Gift Check. The law also clarifies the coverage of GCs apart from special promos.

Thus, the new law will increase the business as it removes the hesitation to give GCs during Christmas, birthdays, gradustions and other gift-giving events.

It also establishes the practice now adopted by more families to give their kids and friends the privilege to buy the gifts of their choice.

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