Parliamentary Acts, MoU's and RBA Credit Cards Regulatory Decisions relied upon in this Letter

*         Banking Act 1959  -   Banking Act 1959  (222 pgs)

*          Reserve Bank Act 1959  -  Reserve Bank Act 1959  (57 pgs)

*          Payment Systems (Regulation) Act 1998  -  Payment Systems Board Act 1998  (33 pages)

*          APRA Act 1998  -  APRA Act 1998  (72 pgs)

*          Australian Securities and Investments Commission Act 2001  (394 pgs)

*          Competition and Consumer Act 2010  (544 pgs)

*          Memorandum of Understanding  -  Australian Competition and Consumer Commission and Reserve Bank of Australia dated 8 Sept 1998

*          Memorandum of Understanding  -  Australian Prudential Regulatory Authority and Australian Securities and Investments Commission dated 8 Oct 1998

*          Memorandum of Understanding  -  Australian Prudential Regulation Authority and Reserve Bank of Australia dated 12 October 1998

*          Memorandum of Understanding  -  Australian Prudential Regulation Authority and Australian Competition and Consumer Commission dated 30 November 1999

*          Memorandum of Understanding  -  Australian Securities and Investments Commission and Reserve Bank Of Australia dated 18 March 2002

*          Credit Cards Regulatory Decisions by the RBA

Primary Sections of Acts relied upon:

·         Section 50 ‘Control of interest rates’ of the Banking Act 1959

·         Section 10(2) 'Functions of Reserve Bank Board' of Reserve Bank Act 1959

·         Section 11(1) ‘Differences of opinion with Government on questions of policy’ of the Reserve Bank Act 1959

·         Division 2—Section 11 of the Payment Systems (Regulation) Act 1998

·         Division 3—Section 12 of the Payment Systems (Regulation) Act 1998

·         Division 4---Section 18 of the Payments System (Regulation) Act 1998