Galexia

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

Proposal B6


[ Galexia Dots ]

We propose to redraft the EFT Code as a principles-based code in plain English. In terms of timing, we propose to undertake this work as a separate process after we have finalised and publicly released our recommendations for substantive changes to the EFT Code.

 

B6Q1 Do you agree with this proposal? Please give reasons.

Consumer stakeholders support this proposal, and its timing, and would like the opportunity to participate in the plain language review, resources permitting.