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
21 After subsection 10(1)
Insert:
(1A) Under Division 2A, the Minister is given the power to:
(a) nominate special regulators in relation to special designated payment systems; and
(b) give directions to nominated special regulators in relation to the performance of their functions or the exercise of their powers under this Act.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
