Cash will have to be accepted by Govt bodies with new mandatory acceptance law on the way [Video]

FINANCE MINISTER JACK Chambers will outline to Cabinet today that under the new National Payment strategy all government departments and bodies under their aegis will have to accept cash or facilitate cash payments.

The minister will tell Cabinet colleagues that cash remains the preferred form of payment for many people in society, particularly older people, and it is important they continue to be able to use it in their day to day lives.

The strategy also sets out that any future contracts agreed between government departments and their agencies with third parties which seek payment from the public must also include cash acceptance or facilitation.

The Department of Transport had to step in last year to clarify that the NCT must continue to accept cash after the test’s operator announced that it would be going cashless.

Chambers will outline that cash facilitation could include a consumer using cash in a …