Institutional governance change: committee replaced by board in the Payment and Settlement Systems Act to revise governance terminology. Amendment to section 38(2)(a) of the Payment and Settlement Systems Act substitutes the phrase "Committee constituted under sub-section (2)" with "Board ... Summary
Institutional governance change: committee replaced by board in the Payment and Settlement Systems Act to revise governance terminology.
Amendment to section 38(2)(a) of the Payment and Settlement Systems Act substitutes the phrase "Committee constituted under sub-section (2)" with "Board referred to in sub-section (2)", effecting a terminology change to the statute's named governance entity under the Finance Bill, 2017.
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