2006/07 Assessment of Clearing and Settlement Facilities in Australia 3. Determination, Variation and Revocation of Financial Stability Standards in 2006/07

Section 25M(1)(a)-(c) of the Reserve Bank Act requires the Payments System Board to describe standards for CS facilities determined during the year and any variations or revocations of existing standards. No standards for CS facilities were determined by the Reserve Bank under s827D(1) of the Corporations Act during the year to June 2007. No existing standards were varied or revoked.