Document ID: chunk:federal_register_of_legislation:F2022C00002:body:0:p16
Version: federal_register_of_legislation:F2022C00002
Segment Type: other
Provision Reference: 
Character Range: 37877–40706

the case of paragraph (f), the relevant Scheme Pair):

       (a) the total value of Card Transactions undertaken in the Scheme in that Quarter;

       (b) the number of Card Transactions undertaken in the Scheme in that Quarter;

       (c) the total value of all Interchange Fees (exclusive of goods and services tax) payable in respect of the Card Transactions undertaken in the Scheme during that Quarter;

       (d) the total value of Interchange Fees (exclusive of goods and services tax) payable in respect of Card Transactions undertaken in the Scheme during the Quarter divided by the total number of the Card Transactions undertaken in the Scheme during the Quarter;

       (e) in relation to a Debit Card Scheme:

          (i) the total value of SNDC Transactions undertaken in the Scheme in that Quarter;

          (ii) the number of SNDC Transactions undertaken in the Scheme in that Quarter;

          (iii) the total value of all Interchange Fees (exclusive of goods and services tax) payable in respect of SNDC Transactions undertaken in the Scheme during that Quarter; and

          (iv) the total value of Interchange Fees (exclusive of goods and services tax) payable in respect of SNDC Transactions undertaken in the Scheme during the Quarter divided by the total number of the SNDC Transactions undertaken in the Scheme during the Quarter;

       (f) the total value of Interchange Fees (exclusive of goods and services tax) payable in respect of Scheme Pair Transactions undertaken in the Schemes that form part of that Scheme Pair during the Quarter divided by the total number of the Scheme Pair Transactions undertaken in the Schemes that form part of that Scheme Pair during the Quarter; and

       (g) each Interchange Fee Category that applied for some or all of the Quarter and, for each of those categories:

          (i) the Interchange Fee rates or amounts (whichever is applicable) that applied during the Quarter (expressed as a percentage or an amount, not as a range); and

          (ii) the total value of Interchange Fees (exclusive of goods and services tax) payable in respect of that Quarter that are referable to Card Transactions undertaken in the Scheme in that Quarter in that category.

    7. Commencement and Implementation

    7.1 This Standard came into force on the Commencement Date, but certain provisions in it had a transitional application as set out in clause 7 of this Standard as at the Commencement Date.

    7.2 Subject to clauses 7.4, 7.5 and 7.6, on and from 1 January 2022, each participant in a Scheme must comply with this Standard as varied with effect from that date.

    7.3 For the avoidance of doubt and without limiting clause 7.2, an administrator of a Debit Card Scheme in Australia or a representative of the participants of the Debit Card