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Designation of payment systems - new Part VC of the Reserve Bank of New Zealand Act 1989

Loretta DeSourdy

Published date:

01 March 2004

Reference:

Vol. 67. No. 1. March 2004

Designation of payment systems - new Part VC of the Reserve Bank of New Zealand Act 1989

PDF | 32KB

This article looks at the new VC of the Reserve Bank of New Zealand Act, which deals with the designation of payment systems. It briefly describes payment systems and looks at why legislation designating them was required. The article then looks at the details of the legislative framework.