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← Payment Services Act 2019

Payment Services Act 2019 s 52

s 52 Variation of access regime

52.—(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.

Read this section in the full act → · Open Division 4 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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