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

15. Review of Act



The Reserve Bank must, with the co-operation of the payment system management body, establish a standing committee-

a) to review this Act from time to time; and
b) to make recommendations to the Minister of Finance with regard to amendments to this Act which-
i) in the opinion of that committee, have become advisable owing to changed circumstances; or
ii) the administration of this Act has shown to be advisable.