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The EC recommends:
“The creditor of a payment obligation cannot refuse euro banknotes & coins unless the parties have agreed on other means of payment.”
That’s nearly self-defeating. IOW, cash acceptance is only enforceable in cases where a creditor neglects to nix cash in the contract.
I’m told this is how #Belgium operates (that contracts trump). Yet many news articles report there are only 4 reasons cash can be refused in Belgium & contractual agreement is not one of them.
So the question is-- can anyone cite the paragraph in #Belgian #law¹ which covers legal tender?
Art. VI.7/4 WER seems to give partial coverage of the 2022 law mandating electronic payment acceptance, but it does not cover the still-standing legal tender acceptance mandate.
I’d like to see the nuts & bolts of the law as written in this case to confirm if contracts can really override it - or if the press reports are correct.
¹ https://www.ejustice.just.fgov.be/wet/wet.htm (