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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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The Role of the Board

1 Oct 1999 PSB Annual Report – 1999
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/publications/annual-reports/psb/1999/role-board.html

Payments System Board Annual Report 2015 - Governor's Foreword

21 Oct 2015 PSB Annual Report 2015 PDF 49KB
https://www.rba.gov.au/publications/annual-reports/psb/2015/pdf/governors-foreword.pdf

Reform of Card Payment Systems

26 Sep 2006 PSB Annual Report – 2006
The designation was followed in October 2004 by a legal challenge in the Federal Court by a group of merchants to the validity of the designation. ... It noted, however, that final decisions would not be made until the legal challenge to designation of
https://www.rba.gov.au/publications/annual-reports/psb/2006/reform-card.html

Payments System Board Annual Report 2002 - The Australian Payments System

22 Sep 2005 PSB Annual Report 2002 PDF 189KB
https://www.rba.gov.au/publications/annual-reports/psb/2002/pdf/au-payments.pdf

Glossary of Terms and Abbreviations

25 Sep 2003 PSB Annual Report – 2003
CLS Bank. Continuous Linked Settlement Bank. Designation. the formal notification of action taken to exercise powers conferred by legislation.
https://www.rba.gov.au/publications/annual-reports/psb/2003/glossary.html

Reference Material

11 Nov 2004 PSB Annual Report – 2004
Sydney, July 2004. Reserve Bank of Australia, Designation of the EFTPOS System – Reasons for the Decision to Designate the EFTPOS Payment System, Media release, 14 October 2004.
https://www.rba.gov.au/publications/annual-reports/psb/2004/ref-material.html

Banking and Payment Services

20 Sep 2018 RBA Annual Report – 2018
As the bank designation is no longer a useful criteria for determining the appropriate type of RITS membership, the prior requirement for all banks to hold an ESA has been removed.
https://www.rba.gov.au/publications/annual-reports/rba/2018/banking-and-payment-services.html

Payments System Board Annual Report 2021

21 Oct 2021 PSB Annual Report - 2021 PDF 1811KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/psb-annual-report-2021.pdf

Payments System Board Annual Report 2004 - Reform of the Australian Payments System

22 Sep 2005 PSB Annual Report 2004 PDF 49KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/reform.pdf

Reserve Bank of Australia Annual Report 2018

10 Feb 2020 RBA Annual Report 2018 PDF 8962KB
https://www.rba.gov.au/publications/annual-reports/rba/2018/pdf/2018-report.pdf