[10A. Bank, etc., not to impose charge for using electronic modes of payment.--Notwithstanding anything contained in this Act, no bank or system provider shall impose, whether directly or indirectly, any charge upon a person making or receiving a payment by using the electronic modes of payment prescribed under section 269SU of the Income-tax Act, 1961 (43 of 1961).]
Section 10A: Bank, etc., not to impose charge for using electronic modes of payment.
The Payment and Settlement Systems Act, 2007Central Act · Act 51 of 2007
Where this provision sits
| Act | The Payment and Settlement Systems Act, 2007 |
|---|---|
| Section | 10A |
| Marginal note | Bank, etc., not to impose charge for using electronic modes of payment. |
| Jurisdiction | Central |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- inserted, Act 23 of 2019. . Ins. by Act 23 of 2019, s. 204 (w.e.f. 1-11-2019).
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