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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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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

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

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 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

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 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

Proposed Merger Between Armaguard and Prosegur

17 Apr 2023 Submissions PDF 228KB
The Reserve Bank also notes the Applicants’ reference to a proposed ministerial designation power as outlined in the Treasury consultation on ‘A Strategic Plan for the Payments System in Australia’ (Strategic ... The Reserve Bank understands that
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-merger-armaguard-and-prosegur-submission-april-2023.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

The Board's Decisions and Reserve Bank Reports

2 Oct 2009 PSB Annual Report – 2009
Media Release 2008-28, ‘Payments System Reform’ (Announcing the designation by the Bank of the Australian ATM system and the release of a consultation document setting out a draft Access Regime;
https://www.rba.gov.au/publications/annual-reports/psb/2009/board-decisions.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