Law library · Sierra Leone · The Payment Systems Act, 2009
Section 36, The Payment Systems Act, 2009
Status not yet checkedThe Payment Systems Act, 2009, Sierra Leone
(1) Where the Central Bank proposes to determine or varya standard, it shall, before taking such action–
(a) cause a notice to be published in the Gazette–
(i) advising of the proposed action;
(ii) summarising its purpose and effect; and
(iii) inviting participants in a system and
members of the general public to make
submissions within a specified time to
the Central Bank on the proposed
action; and
(b) consider any submissions that are received
within that time limit.
(2) Sub-section (1) does not apply to a proposed
determination or variation of a standard pursuant to subsection (5)
of section 7.
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