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Section 52 — Variation of access regime

(1)The Authority may, by order in the Gazette, vary an access regime that has been imposed under section 51 in respect of a relevant payment system, on such terms and conditions as the Authority may consider appropriate.

(2)In considering whether to vary under subsection (1) an access regime in respect of a relevant payment system, the Authority must have regard to the following matters:

(a)whether the variation of that access regime would be in the interests of the public;

(b)the interests of the current participants, operator and settlement institution of that payment system;

(c)the interests of persons who, in the future, may require or desire access to that payment system;

(d)such other matters as the Authority may consider to be relevant.

Cite this section

PSA2019, s 52 (Singapore Statutes Online). Retrieved via LawPlayer, https://lawplayer.com/sg/act/PSA2019/52

Source: Singapore Statutes Online (sso.agc.gov.sg), © Singapore Government

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