Payment and Settlement Systems Act, 2007 [A11-BR3]

As at 7 September 2026. In force from 23 October 2007 by S.O. 3731(E) [N12-DBC].

Dates: made 15 April 2007; in force 23 October 2007; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. The words of this Act are generated by the register; its title, number and year are real.

Cite: Payment and Settlement Systems Act, 2007, Act 51 of 2007 [A11-BR3]. Machine: A11-BR3.

Sections (18)

Chapter I. PRELIMINARY

Chapter II. COLLECTOR

Section 1. Short title, extent and commencement [S23-J57]

Section 2. Definitions [S23-J61]

Section 3. Appointment of Collector [S23-J73]

Section 4. Registration of holders of land [S23-J8X]

Section 5. Prohibition of the possession of land without licence [S23-J9Z]

Section 6. Grant of licence [S23-JAS]

Section 7. Maintenance of records and furnishing of returns [S23-JBV]

Section 8. Powers of Tahsildar [S23-JCN]

Section 9. Power to issue directions [S23-JDQ]

Section 10. Power to exempt [S23-JEH]

Section 11. Registration of landholders [S23-JFK]

Section 12. Penalty for contravention [S23-JG8]

Section 13. Offences by companies [S23-JHA]

Section 14. Appeal [S23-JJC]

Section 15. Cognizance of offences [S23-JKE]

Section 16. Protection of action taken in good faith [S23-JM0]

Section 17. Power to make rules [S23-JN2]

Section 18. Power to remove difficulties [S23-JP4]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (4)

Amends: Payment and Settlement Systems Act (Amendment) Act, 2010 [A11-EAP], 21 June 2010. "section 14 of the Payment and Settlement Systems Act, 2007 (51 of 2007)".

Corresponds to: Payment and Settlement Systems (Amendment) Bill, 2008 [A12-D0P], 25 May 2008.

Commences: Notification S.O. 3731(E), dated 30th September, 2007 [N12-DBC], 23 October 2007. "shall come into force".

Exempts: Notification S.O. 384(E), dated 5th March, 2010 [N12-EV5], 5 March 2010. "section 4 of the said Act".

Not held (0)

none