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South
Africa
NATIONAL LEGISLATION OVERVIEWS
NATIONAL LEGISLATION OVERVIEWS
National Payment System
Act, No.
78 of 1998
Long title
To provide for the management, administration, operation, regulation and supervision of payment, clearing and settlement systems in the Republic of South Africa; and to provide for connected matters.
Table of contents
Legislation Text Access Point
Long title
To provide for the management, administration, operation, regulation and supervision of payment, clearing and settlement systems in the Republic of South Africa; and to provide for connected matters.
Table of contents
| SECTION | TITLE |
| CONTENT OF ACT | |
| 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 [...inserted
by Act 2004_022_005_20041030] |
| 5. | Settlement provisions |
| 6. | Clearing
provisions and designated clearing system participants [...Title amended by Act
2008_022_036(a)_20080930- was entitled
:Clearing
provisions"] |
| 6A. | Effectiveness
and efficiency of the National Payment System [...inserted by
Act 2005_034_172(2)_20060315] |
| 7. | Payments
to third persons [...Title amended by Act
2004_022_008_20041030 - was
entitled “Control of payment intermediation”] |
| 8. | Curatorship,
judicial management or liquidation [...Title amended by Act
2004_022_009_20041030 - was entitled "Netting agreements
and
netting rules”] [...Title amended by Act 2007_040_090_20080222 Sch -
was entitled "Curatorship or
liquidation"] |
| 9. | Utilisation of assets provided as security [...Title amended by Act _ - was entitled “Utilisation of assets provided as security to Reserve Bank or payment clearing house”] |
| 10. | Information |
| 11. | Settlement
of disputes |
| 12. | Directives
by Reserve Bank |
| 13. | Retention
of records |
| 13A. | Application
for court order [...inserted
by Act 2004_022_015_20041030] |
| 14. | Penalties |
| 15. | Review
of Act |
| 16. | Short title |
Legislation Text Access Point
| Versions [To check whether a version has commenced, and how it was commenced, please see the Timeline for the Act, and the Annotated Text for the version.] |
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| As unamended Act 1998_078_000_19981028 | EXT.LINK | REQ.INFO | LINK |
| As amended by Act 2004_022_000_20041030 | N/A | REQ.INFO | LINK |
| As amended by Act 2005_034_000_20060315 | N/A | REQ.INFO | LINK |
| As amended by Act 2007_040_000_20080222 | N/A | REQ.INFO | LINK |
| As amended by Act 2008_022_000_20080930 | N/A | REQ.INFO | LINK |
| As amended by Act 2012_019_000_20130201 | N/A | REQ.INFO | LINK |
| As amended by Act 2013_045_000_20140116 | N/A | REQ.INFO | LINK |
| As amended by ... | N/A | REQ.INFO | LINK |
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