Amendment of Act 51 of 2007-Designated authority.

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..... DESIGNATED AUTHORITY Designated authority. 3. (1) The Reserve Bank shall be the designated authority for the regulation and supervision of payment systems under this Act. (2) The Reserve Bank shall exercise the powers, perform the functions and discharge the duties conferred on it under this Act through a Board to be known as the Payments Regulatory Board . (3) The Board shall consist of the foll .....

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