Treasury Laws Amendment (Payments System Modernisation) Act 2025 (46 of 2025)
Schedule 1 Amendment of the Payment Systems (Regulation) Act 1998 etc.
Part 2 Special designated payment systems
Division 1 Amendments
Payment Systems (Regulation) Act 1998
16 Section 7
Insert:
purposes direction has the meaning given by paragraph 11F(1)(b).
responsible Minister has the same meaning as in the Public Governance, Performance and Accountability Act 2013.
special designated payment system means a payment system that is designated under section 11B.
special regulator has the meaning given by section 11C.