Payment Systems (Regulation) Act 1998 Revocation of the Standard on Interchange Fees for the EFTPOS System Designated in Designation No. 2 of 2004 (November 2012) (Cth)

Payment Systems (Regulation) Act 1998

Revocation of the Standard on Interchange Fees for the EFTPOS System Designated in Designation No 2 of 2004

This notice is published in accordance with the requirements set out in Section 29(3)(a) of the Payment Systems (Regulation) Act 1998 (the Act). The revocation is made under Section 18(3) of the Act, and is effective from 1 July 2013.

The Reserve Bank of Australia revokes the Standard The Setting of Interchange Fees in the EFTPOS System, originally gazetted on 27 April 2006, amended on 8 December 2008 and amended and restated on 27 November 2009.

The revoked Standard will be replaced by a new Standard Interchange Fees in the EFTPOS System applying to the EFTPOS system as designated in Designation No 1 of 2012.

Signed

Glenn Stevens

Governor

Reserve Bank of Australia

29 November 2012