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RBA Glossary definition for Designation

Designation – The formal notification of action taken to exercise powers conferred by legislation.

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Retail Payments Regulation and Policy Issues

17 Oct 2019 PSB Annual Report – 2019
Accordingly, American Express has requested that the Bank revoke the designation of the American Express Companion Card Scheme.
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html

Retail Payments Policy and Research

9 Oct 2015 PSB Annual Report – 2015
Having received feedback via this process, the Board will consider the possible designation of some payment systems and whether to consult on specific changes to the regulatory framework.
https://www.rba.gov.au/publications/annual-reports/psb/2015/retail-payments-policy-and-research.html

Financial Surveillance | Reserve Bank of Australia Annual Report - 1993

30 Jun 1993 Annual Report
sufficient to gain designation as RBDs.
https://www.rba.gov.au/publications/annual-reports/rba/1993/fin-surveillance.html