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Sec 12, Payment & Settlement Systems Act 2007: Power to call for returns

The Payment and Settlement Systems Act 2007,

Chapter IV (Authorization of Payment Systems),

Section 12 (Power to call for returns, documents or other information) :‒

❝The Reserve Bank may call for from any system provider such returns or documents as it may require or other information in regard to the operation of his payment system at such intervals, in such form and in such manner, as the Reserve Bank may require from time to time or as may be prescribed and such order shall be complied with.❞

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