CTHIn ForceAct
Payment Systems (Regulation) Act 1998
27Power to determine requirements for applications
Start here
Get a plain-English read of 27
Turn the raw legal text into a practical explanation grounded in Payment Systems (Regulation) Act 1998.
#### 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.