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Submission - Joint submission to the 2007 Review of the Electronic Funds Transfer (EFT) Code of Conduct to ASIC (May 2007)
8. EFT Code, Part B (Scope and interpretation)
- Q42 – Should the scope of Part B of the EFT Code continue to be defined by reference to the concepts of ‘stored value facilities’ and ‘stored value transactions’ as at present; or should a different approach be taken? What issues are raised by possible alternative approaches?
- Q43 – Assuming the scope of Part B of the EFT Code continues to be defined in terms of the concepts of 'stored value facilities' and 'stored value transactions', what changes, if any, should be made to the definitions and other provisions of cl 11?
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