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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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Banking and Issue Operations

24 Jul 2023 RBA Annual Report – 1975
672. 1,181. 401. 2,545. In keeping with Government policy that the term “Australia” be used wherever practicable, the designation on Australian notes was altered by substituting the title “Australia”
https://www.rba.gov.au/publications/annual-reports/rba/1975/banking-and-issue-operations.html

Payments System Board Annual Report 2002 - Glossary of Terms and Abbreviations

22 Sep 2005 PSB Annual Report 2002 PDF 54KB
https://www.rba.gov.au/publications/annual-reports/psb/2002/pdf/glossary.pdf

Retail Payments Regulation and Policy Issues

21 Oct 2021 PSB Annual Report – 2021
expanding the scope of the Bank's designation power in the Payment Systems (Regulation) Act 1998 to ensure that the Bank can regulate new and emerging payment systems and introducing a ... new designation power for the Treasurer based on national
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html

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

Glossary of Terms and Abbreviations

24 Mar 2003 PSB Annual Report – 2002
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/2002/glossary.html

Payments System Board Annual Report 2004 - Reference Material

22 Sep 2005 PSB Annual Report 2004 PDF 48KB
https://www.rba.gov.au/publications/annual-reports/psb/2004/pdf/ref-material.pdf

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

RBA Annual Report - Governor's Foreword

28 Aug 2001 Annual Report PDF 213KB
designation of the three credit card schemes. operating in Australia so that the Payments.
https://www.rba.gov.au/publications/annual-reports/rba/2001/pdf/gov-foreword.pdf

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

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