7Interpretation

1. In this Act, unless the context otherwise requires,—

   access standard means a network standard issued by the Commission under subpart 2 of Part 2 relating to a matter referred to in section 20(1)(c)

   affected persons, in relation to a proposed designation, standard, or direction, means the persons that the Commission considers will be substantially affected by the making of the designation, issuing of the standard, or giving of the direction, as the case may be

   Commission has the same meaning as in the Commerce Act 1986

   consumer means a person that acquires goods or services from a merchant

   contravention of this Act includes a contravention of any standard or direction

   designated network means any retail payment network that is—

   1. declared to be a designated retail payment network under subpart 1 of Part 2; or
   2. designated under an initial designation

   designation order means both of the following:

   1. an Order in Council under section 10 declaring a retail payment network to be a designated network:
   2. an initial designation

   direction means a direction of the Commission under subpart 3 of Part 2 in relation to network rules

   goods has the same meaning as in the Fair Trading Act 1986

   information disclosure standard means a network standard issued by the Commission under subpart 2 of Part 2 relating to a matter referred to in section 20(1)(a)

   initial designation means a designation in subpart 2 of Part 1 of Schedule 1

   initial pricing standard means the initial pricing standard in subpart 3 of Part 1 of Schedule 1

   make publicly available means to publish on an Internet site that is maintained by, or on behalf of, the Commission and is publicly available free of charge

   merchant means a supplier (within the meaning of the Fair Trading Act 1986) of goods or services to consumers

   merchant surcharging standard means a standard issued by the Commission under subpart 1 of Part 3

   Minister means the Minister of the Crown who, under the authority of any warrant or with the authority of the Prime Minister, is for the time being responsible for the administration of this Act

   network means a retail payment network

   network infrastructure means infrastructure that is necessary for the provision of the network’s payment services

   network operator or operator, in relation to a retail payment network, means any person that is or does 1 or more of the following:

   1. is wholly or partly responsible to the participants (or any of them) for the network rules:
   2. operates or manages the network or the core infrastructure of the network

   network rules means rules that set out (among other things) the following:

   1. how the network is to be constituted (for example, as a set of arrangements between its participants or as a legal person with whom its participants are to interact):
   2. how activities on the network are to be carried out:
   3. the rights and obligations under the network of its operators and participants

   network standard means both of the following:

   1. a standard issued by the Commission under subpart 2 of Part 2:
   2. the initial pricing standard

   participant, in relation to a retail payment network, means a person that is a network operator or any other service provider

   payment means a transfer of monetary value

   payment method means the form in which a consumer makes or is able to make a retail payment (for example, using a card online or without contact in person)

   payment product means a class of retail payment within a retail payment network (for example, personal or commercial retail payments within a retail payment network)

   payment services means services that facilitate retail payments

   payment surcharge means an amount (however described) charged by a merchant, in addition to the price of goods or services,—

   1. for accepting a retail payment; or
   2. for using one payment method rather than another

   pricing standard means both of the following:

   1. a network standard issued by the Commission under subpart 2 of Part 2 relating to a matter referred to in section 20(1)(b):
   2. the initial pricing standard

   retail payment means a payment by a consumer to a merchant for the supply of goods or services

   retail payment network means the participants, arrangements, contracts, and rules that facilitate a class of retail payment

   retail payment system means the system comprising all retail payment networks

   service provider, in relation to a retail payment network, means any person that provides or facilitates the provision of payment services in the network (for example, a payment or an infrastructure service provider), but does not include a merchant

   services has the same meaning as in the Fair Trading Act 1986, except that it does include rights or benefits in the form of the supply of goods or the performance of work under a contract of service

   standard means a network standard or a merchant surcharging standard.