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Retail Payment System Act 2022

Merchant surcharging, monitoring and enforcement, and miscellaneous provisions - Merchant surcharging standards

34: Amendment and revocation of merchant surcharging standards

You could also call this:

"Changing or cancelling rules about extra fees merchants charge"

Illustration for Retail Payment System Act 2022

You can change or cancel a merchant surcharging standard in the same way it was created. The Commission does not have to follow section 31 in certain situations. This includes when a standard is amended to fix a small mistake or make a small change, or when a standard is cancelled.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS532508.

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Topics:
Money and consumer rights > Consumer protection
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33: Pecuniary penalty for contravention of merchant surcharging standard, or

"Breaking merchant surcharging rules may mean you have to pay a penalty."

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35: Notice to take corrective action, or

"Fix the problem: follow the rules or get a fine"

Part 3Merchant surcharging, monitoring and enforcement, and miscellaneous provisions
Merchant surcharging standards

34Amendment and revocation of merchant surcharging standards

  1. A merchant surcharging standard may be amended or revoked in the same way in which it may be made, except that section 31 does not apply to—

  2. a standard that amends another standard if the Commission is satisfied that the amendment is only correcting a minor error or is otherwise of a minor nature only:
    1. a revocation of a standard.