National Payment System Act, 1998 (Act No. 78 of 1998)

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Introduction

1. Definitions

2. Powers and duties of Reserve Bank regarding payment system

3. Payment system management body

4. Objects and rules of payment system management body

4A. Designated settlement systems

5. Settlement provision

6. Clearing provisions and designated clearing system participants

6A. Effectiveness and efficiency of the National Payment System

7. Payments to third persons

8. Curatorship, judicial management or liquidation

9. Utilisation of assets provided as security

10. Information

11. Settlement of disputes

12. Directives by Reserve Bank

13. Retention of records

13A. Application for court order

14. Penalties

15. Review of Act

16. Short title