Section 5: Application for authorisation.

The Payment and Settlement Systems Act, 2007Central Act · Act 51 of 2007

(1) Any person desirous of commencing or carrying on a payment system may apply to the Reserve Bank for an authorisation under this Act.

(2) An application under sub-section (1) shall be made in such form and in such manner and shall be accompanied by such fees as may be prescribed.

Where this provision sits

Act	The Payment and Settlement Systems Act, 2007
Section	5
Marginal note	Application for authorisation.
Jurisdiction	Central
Status	In force as published by the source

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