The new rules, which aim to provide more safety measures for parking across the country, come after several incidents where drivers were charged exorbitant fees for taking longer than five minutes to pay for parking - in one case, a motorist was slapped with a nearly £2,000 fine.
Meanwhile, Rhydian Jones, a car insurance expert at Confused.com, said: "With some having received fines of up to £2,000 in private car parks, it's positive to see that the Private Parking Scrutiny and Advice Panel (PPSAP) is giving drivers more flexibility and fairness.
Under the new legislation, drivers won't face parking charges as long as they pay in full before leaving camera-monitored private car parks.
Jack Cousens, AA head of roads policy, said: "This change to the self-authored code by private parking operators only highlights the urgent necessity to implement the Government-backed code of practice alongside a truly independent single appeals process and oversight board.
"The parking sector is always striving to ensure it operates in the interest of compliant motorists and to ensure that parking is fairly managed for all."
