Regulatory Alerts2005-11-15 | RG-185RG 185 Non-cash payment facilities
The Australian Securities and Investments Commission issued this guide to outline its regulatory approach for non-cash payment facilities under the Corporations Act 2001. It details the regulator's policy on granting relief from specific Act provisions and addresses the treatment of low value facilities. The document further examines the regulatory stance on specific products including gift vouchers, prepaid mobile accounts, loyalty schemes, and electronic road toll devices.
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