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Submission - Joint response to the Review of the Electronic Funds Transfer Code of Conduct (2008)

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Proposal G2


[ Galexia Dots ]

We propose to require that the EFT Code must be reviewed every five years.

 

G2Q1 Do you agree with this proposal? Please give reasons.

If ASIC is provided with a new power for ad hoc amendment of the Code, consumer stakeholders support a five year period for the general review of the Code. If such a power is not granted, consumer stakeholders support a three year period for the general review of the Code.

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