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RBA Glossary definition for ACT

ACT – Australian Competition Tribunal

RBA Glossary definition for CAC

CAC – Collective Action Clause. A clause in bond contracts that includes provisions allowing a qualified majority of lenders to amend key financial terms of the debt contract and bind a minority to accept these new terms.

RBA Glossary definition for CAC Act

CAC Act – Commonwealth Authorities and Companies Act 1997 (which was replaced by the Public Governance, Performance and Accountability Act 2013 on 1 July 2014).

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Options for Reform | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
In particular, the. Banking Act 1959. stipulates that only entities that are ADIs, the Reserve Bank or those with exemptions can carry on ‘banking business’ in Australia.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/options-reform.html

Project Scope | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/project-scope.html

Dual-Network Debit Cards | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016

10 Dec 2016 Consultations
In the United States, Section 1075 of the 2010 Dodd-Frank Act, known as the Durbin Amendment, provided for a number of reforms to the debit card market with the intention
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/dual-network-debit-cards.html

Strategic Review of Innovation in the Payments System: Issues for Consultation - June 2011

30 Jun 2011 Consultations PDF 1163KB
Strategic Review of Innovation in the Payments System
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/pdf/201106-strategic-review-innovation-issues.pdf

Designation of the EFTPOS System | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | …

8 Jun 2012 Consultations
The Act, however, does not provide the Bank with the power to vary a designation. ... The meaning of the public interest is set out in section 8 of the Payment Systems (Regulation) Act.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/designation-efpos-system.html

The Environment for Innovation in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for…

7 Jun 2011 Consultations
Have concerns about breaches of the Competition and Consumer Act (formerly the Trade Practices Act) prevented the industry from achieving greater co-operative innovation? ... What approaches are suggested to deal with this in a way that does not
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/environment-innovation-australian.html

Central Clearing of OTC Derivatives | Central Clearing of OTC Derivatives in Australia June 2011 | Consultations

7 Jun 2011 Consultations
Finally, membership of a CCP might act as a signal of a dealer's creditworthiness or market standing. ... In Australia, the relevant legislation is the. Payments Systems and Netting Act 1998.
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/central-clearing-otc-derivatives.html

A Variation to the Access Regime for the ATM System: Consultation Document May 2012

28 May 2012 Consultations PDF 804KB
as set out above and below. Application1. 2. This Access Regime is imposed under Section 12 of the Payment Systems (Regulation) Act 1998. ... terms defined in the Payment Systems (Regulation) Act 1998 have the same meaning in this Access Regime.
https://www.rba.gov.au/publications/consultations/201205-acc-reg-atm-sys-cons-doc/pdf/201205-acc-reg-atm-sysm-cons-doc.pdf

Reasons for a Review of Regulation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 |…

6 Dec 2013 Consultations
Reserve Bank Act 1959. This appears to be an artificial constraint which prevents the Bank from delivering services to the Commonwealth in the most efficient possible way.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/reasons-for-review-regulation.html

Preliminary Assessment | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
Accordingly, APRA has indicated that it does not support providing exemptions from Banking Act obligations for any credit card issuers or acquirers, or applying less stringent requirements than for other ADIs.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/preliminary-assessment.html