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Cheques Act 1986 - Determination No. 1 of 2004
1Cheques Act 1986 - Determination No. 1 of 2004
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| DETERMINATION under the CHEQUES ACT 1986 |
|---|
Determination No 1 of 2004
The RESERVE BANK OF AUSTRALIA makes the following determination under section 70A(4) of the Cheques Act 1986:
- The Australian Paper Clearing System (APCS) is hereby determined to be a recognised settlement system in terms of the Cheques Act.
- This approval is a disallowable instrument under section 46A of the Acts Interpretation Act 1901 and, accordingly, is being tabled before each House of the Commonwealth Parliament.
- Subject to disallowance, this determination will take effect from the date of notification in the Gazette.
- This determination may be reviewed from time to time.
Signed
IJ Macfarlane Governor Reserve Bank of Australia
18 August 2004