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MEDIA RELEASENo: 2003-08 |
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REFORM OF CREDIT CARD SCHEMES IN AUSTRALIA
When the Reserve Bank announced its reforms to credit card schemes on 27 August 2002, it foreshadowed the preparation of a Regulation to ensure that participants in schemes that comply with the Payment Systems (Regulation) Act would not be at risk under the Trade Practices Act.
A copy of the Regulation is attached.
| Enquiries: |
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| Dr John Veale |
Manager |
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| Phone: | +61 2 9551 8710 | Phone: | +61 2 9551 9720 |
