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.