PSS Act 5Chapter III · Authorisation of Payment Systems
Section 5 · Application for authorisation
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(1) Any person desirous of commencing or carrying on a
payment system may apply to the Reserve Bank for an authorisation under this Act.
(2) An application under sub-section (1) shall be made in such form and in such manner and shall be accompanied by such fees as may be prescribed.
(2) An application under sub-section (1) shall be made in such form and in such manner and shall be accompanied by such fees as may be prescribed.
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