In forceAmending Act
Treasury Laws Amendment (Payments System Modernisation) Act 2025
Act No. 46 of 2025 · Assented 19 September 2025
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In brief
Amends the Payment Systems (Regulation) Act 1998 and related laws, updating payment system definitions and adding new designation, regulator, enforcement and penalty arrangements for payment systems.
Who's affected
- Payment system operators and participants
- Reserve Bank of Australia
- The responsible Minister and other regulators
- Businesses and consumers making payments
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