Payments System Board Annual Report – 2012

Image of the Governor's Letterhead

10 September 2012

The Hon Wayne Swan MP
Deputy Prime Minister and Treasurer
Parliament House
CANBERRA ACT 2600

Dear Deputy Prime Minister

PAYMENTS SYSTEM BOARD ANNUAL REPORT 2012

I am writing to seek your agreement to the tabling in the Parliment of the Payments System Board Annual Report for 2012. A copy of the report is encolsed.

In terms of the Reserve Bank Act 1959, the Payments System Board is required to inform the Government, from time to time, of the Reserve Bank's payment system policy. There is no statutory requirement to table an annual report, but tabling has proven a usefulway of pubicising the work of the Payments System Board and the Board's previous annual reports have been tabled.

Yours sincerely

Signature of Glenn Stevens