Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Reserve Bank may , by legislative instrument, impose an access regime on the participants in a designated payment system.
(2) The access regime imposed must be one that the Reserve Bank considers appropriate, having regard to:
(a) whether imposing the access regime would be in the public interest; and
(b) the interests of the current participants in the system; and
(c) the interests of people who, in the future, may want access to the system; and
(d) any other matters the Reserve Bank considers relevant.
(5) As soon as practicable after imposing the access regime, the Reserve Bank must provide notification under section 29.
(6) A failure to comply with subsection ( 5) does not affect the validity of the access regime.