Submission - Joint submission to the 2007 Review of the Electronic Funds Transfer (EFT) Code of Conduct to ASIC (May 2007)
5. EFT Code, Part A (Scope and Interpretation)
- Q9 – Do you have any suggestions as to how the scope of Part A of the Code might be defined more simply? Should Part A include a non-exhaustive list of the main types of transactions to which it applies?
- Q10 – Should biller accounts continue to be excluded or should cl 1.4 be modified or, alternatively, removed altogether?
- Q11 – Do small businesses experience problems in relation to their banking services that need to be addressed? Does the EFT Code provide an appropriate framework for addressing any problems identified?