Ministry of Law and Justice of India - The Payment and Settlement Systems (Amendment) Act, 2015


This is an act to amend the Payment and Settlement Systems Act, 2007. The amendment updates terms such as “issuer", “legal entity identifier", and “trade repository", and provides updated language for various sections of the original act. In addition, the insertion of two sections called "A Protection of Funds Collected from Customers" and "Act to Apply to Designated Trade Repository and Issuer" are added to sections 23 and 34, respectively.


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Monday, June 1, 2015
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Ministry of Law and Justice of India
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