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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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Payments System Board

19 Jan 2024
Designation has no other effect; it is simply the first of a number of steps the Bank must take to exercise its powers;. ... If the Bank does so, its requirements are paramount. Designation does not, by itself, remove a system from the ACCC's coverage.
https://www.rba.gov.au/about-rba/boards/psb-board.html

Designation No 2 of 2004

7 Sep 2004 Media Release PDF 48KB
https://www.rba.gov.au/media-releases/2004/pdf/mr-04-08-designation-2.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
However, there were divergent views about whether a new designation is, in fact, required. ... revoke the original designationDesignation No 2 of 2004; and.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/designation-efpos-system.html

ATM Designation

20 Jan 2009 PDF 25KB
Submissions on Draft Access Regime for the ATM System
https://www.rba.gov.au/payments-and-infrastructure/atms/submissions-draft-access/aba-160109.pdf

Next Steps | Review of the Regulatory Framework for the eftpos System: Consultation on Designation March 2012 | Consultations

9 Mar 2012 Consultations
Review of the Regulatory Framework for the eftpos System: Consultation on Designation – March 2012 5. ... At this time, the Board is not seeking comments on the broader regulatory framework that the designation might underpin.
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/next-steps.html

Payments & Infrastructure Resources – Media Releases

23 Apr 2024
Media releases relating to the Payments System
https://www.rba.gov.au/payments-and-infrastructure/resources/media-releases.html

Attachment 1 | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations

8 Jun 2012 Consultations
Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform – June 2012 Attachment 1 Designation under the.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/attachment-1.html

Background | Review of the Regulatory Framework for the eftpos System: Consultation on Designation March 2012 | Consultations

9 Mar 2012 Consultations
Review of the Regulatory Framework for the eftpos System: Consultation on Designation – March 2012 2. ... Designation would provide the Board with the ability to impose an access regime if industry initiatives being undertaken were to falter.
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/background.html

Introduction | Review of the Regulatory Framework for the eftpos System: Consultation on Designation March 2012 | Consultations

9 Mar 2012 Consultations
Review of the Regulatory Framework for the eftpos System: Consultation on Designation – March 2012 1. ... It seeks views on an appropriate definition for the eftpos system, should a new designation be required to support future regulation of the system.
https://www.rba.gov.au/publications/consultations/201203-replacing-eftpos-designation/introduction.html

Designation No 3 of 2015

15 Oct 2015 Media Release PDF 307KB
W RESERVE BANK OF AUSTRALIA. DESIGNATION UNDER THE PAYMENT SYSTEMS (REGULATTON) ACT 7998. ... Designation No 3 of 2015. The Reserve Bank of Australia designates as a payment system pursuant to section 11(1) ofthe Payment Systems (Regulation) Act 1998 the
https://www.rba.gov.au/media-releases/2015/pdf/mr-15-19-designation-2015-03-eftpos-prepaid.pdf