Commonwealth Consolidated Acts

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PAYMENT SYSTEMS (REGULATION) ACT 1998 - SECT 27

Power to determine requirements for applications

    The Reserve Bank may, by notifiable instrument , determine requirements to be complied with in relation to applications under this Act, including (but not limited to) requirements relating to:

  (a)   the means by which an application is to be made; and

  (b)   the information or documentation that is to be included in or submitted with an application; and

  (c)   the verification of an application or of information or documentation included in or submitted with it.



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