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In force2020 Revised Edition
Contents

Part 3 · Payment Systems

52. Variation of access regime

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(1)

The Authority may, by order in the Gazette, vary an access regime that has been imposed under section 51 in respect of a relevant payment system, on such terms and conditions as the Authority may consider appropriate.

(2)

In considering whether to vary under subsection (1) an access regime in respect of a relevant payment system, the Authority must have regard to the following matters:

(a)

whether the variation of that access regime would be in the interests of the public;

(b)

the interests of the current participants, operator and settlement institution of that payment system;

(c)

the interests of persons who, in the future, may require or desire access to that payment system;

(d)

such other matters as the Authority may consider to be relevant.

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