Electronic money

Jon Ribbens jon+ukcrypto at unequivocal.co.uk
Wed Dec 3 18:51:21 GMT 2014


On Wed, Dec 03, 2014 at 03:24:21PM +0000, Francis Davey wrote:
>    2014-12-03 11:12 GMT+00:00 Nicholas Bohm <[1]nbohm at ernest.net>:
> 
>      The defence seems to assume a physical presentation of the tendered
>      payment which the creditor has a practical opportunity of taking.  That
>      would make it difficult to achieve with electronic money.  Perhaps if
>      electronic money comes into common use, the defence will adapt to it.
> 
>    In practice a defendant would make a payment into court under rule 37.2:
>    http://www.justice.gov.uk/courts/procedure-rules/civil/rules/part37#IDAALICC 
>    and at the moment the court funds office much prefers a cheque.

Indeed, it appears that the courts do not necessarily actually accept
legal tender, so the concept appears to be utterly dead and buried
and of no meaning whatsoever anymore.



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