National Payment System Act, 1998 (Act No. 78 of 1998)

15. Review of Act

Purchase cart Previous page Return to chapter overview Next page

 

 

The Reserve Bank must, with the co-operation of the payment system management body, establish a standing committee-

a)to review this Act from time to time; and
b)to make recommendations to the Minister of Finance with regard to amendments to this Act which-
i)in the opinion of that committee, have become advisable owing to changed circumstances; or
ii)the administration of this Act has shown to be advisable.