Document ID: chunk:federal_register_of_legislation:F2019N00027:body:0:p45
Version: federal_register_of_legislation:F2019N00027
Segment Type: other
Provision Reference: 
Character Range: 112605–113557

contractual agreement with an issuer for cards of the issuer to bear the entity's trade name or mark.
[23]  For example, in the case of eftpos, this obligation would apply to (i) issuers that do not use a clearing agent, and (ii) clearing agents.
[24]  These changes are also reflected in new definitions of Direct Issuer Participant Payments and Direct Issuer Participant Receipts, but for ease of reference this consultation paper retains usage of the terms 'Issuer Payments' and 'Issuer Receipts'.
[25]  That is, for the reporting period ending 30 June 2019.
[26]  In the event that an issuer fails to notify the scheme of its choice by the date specified in the varied standards, the Bank proposes that the issuer will be deemed to have elected to comply with the current standard and the scheme will need to report compliance with the current version of the standard for that scheme-issuer arrangement for the reporting period ending 30 June 2019.