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Payment and Settlement Systems (Finality and Netting) Act · s 3
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Payment and Settlement Systems (Finality and Netting) Act · s 3
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
The Authority may, by order published in the Gazette, designate a system to be a designated system for the purposes of this Act, subject to such conditions as may be prescribed.
Any order made under subsection (1) shall specify the operator of the designated system.