The Gift Card Acknowledgement Form is a essential document used in Australian business operations where gift cards are issued to customers. This document ensures compliance with the Competition and Consumer Amendment (Gift Cards) Act 2018 and other relevant Australian consumer protection laws. It is specifically designed to record gift card transactions, capture necessary customer information, and document acceptance of terms and conditions. The form includes mandatory disclosures about expiry dates (minimum three years), usage terms, and any applicable fees, as required by Australian law. It serves multiple purposes: providing a record of the transaction, ensuring regulatory compliance, protecting both the issuer and purchaser, and facilitating proper gift card administration. This document is particularly important for businesses operating in retail and service sectors where gift cards are commonly used as a form of stored value payment instrument.

1. Gift Card Details: Essential information about the gift card including card number, initial value, and expiry date (minimum 3 years from issue as per Australian law)

2. Purchaser Information: Details of the person purchasing the gift card including name, contact information, and purchase date

3. Recipient Information: Details of the intended recipient (if known) including name and any delivery instructions

4. Statutory Disclosures: Mandatory disclosures required by Australian Consumer Law including expiry terms, conditions of use, and any fees

5. Acknowledgment Statement: Statement confirming understanding of terms and conditions, to be signed by the purchaser