11GReports by nominated special regulators

#### 11G Reports by nominated special regulators (1) The Minister may, by notice in writing, request a nominated special regulator in relation to a special designated payment system to report in writing to the Minister on: (a) the performance of functions and exercise of powers under this Act by the nominated special regulator; or (b) without limiting paragraph (a), the nominated special regulator’s compliance with a direction given to the nominated special regulator under subsection 11F(1). (2) The nominated special regulator must comply with a request made by the Minister under subsection (1). (3) If the Minister is not the responsible Minister for the nominated special regulator, the nominated special regulator must also provide a copy of a report prepared under subsection (1) to the responsible Minister.