Treasury Laws Amendment (Payments System Modernisation) Act 2025 (46 of 2025)
Schedule 1 Amendment of the Payment Systems (Regulation) Act 1998 etc.
Part 1 Payment systems and participants
Payment Systems (Regulation) Act 1998
3 Section 7 (definition of participant)
Repeal the definition, substitute:
participant , in a payment system, has the meaning given by subsection 7A(2).