Financial Services Reform Act 2001 (122 of 2001)

Schedule 1   Financial Services and Markets

Part 2   Consequential amendments

Reserve Bank Act 1959

460   Subsection 5(1) (definition of payments system policy )

Repeal the definition, substitute:

payments system policy means policy for the purposes of the Bank’s functions or powers under:

(a) thePayment Systems (Regulation) Act 1998; and

(b) thePayment Systems and Netting Act 1998; and

(c) Part 7.3 of theCorporations Act 2001.