Retail Payment System Act 2022

Designated networks - Designations

10: Designation of networks by Order in Council

You could also call this:

"The Governor-General can create a rule to make a payment network official."

Illustration for Retail Payment System Act 2022

The Governor-General can make a special order to say a retail payment network is a designated network. You can think of this order as a rule that is made by the Governor-General after the Minister recommends it. The Governor-General can only make this order for networks that are not the cash retail payment network. The order is a type of secondary legislation, which means it is a law made under another law. To learn more about how these laws are published, you can look at Part 3 of the Legislation Act 2019. This will help you understand how the order is made and what it means.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS532141.

This page was last updated on 25 December 2025 — View changes

Topics:

Money and consumer rights > Consumer protectionGovernment and voting > Government departments

9: Act binds the Crown, or

"The law applies to the government too"

11: Minister’s recommendation, or

"The Minister helps decide which payment networks to approve"

Part 2Designated networks
Designations

10Designation of networks by Order in Council

The Governor-General may, on the recommendation of the Minister, make an Order in Council declaring a retail payment network (excluding the cash retail payment network) to be a designated network.
A designation order is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

Notes