Submission - Joint submission to the 2007 Review of the Electronic Funds Transfer (EFT) Code of Conduct to ASIC (May 2007)

Q48 – Should the EFT Code include a requirement that all prepaid facilities regulated by Part B must have a minimum use time (i.e. the time before value expires) of at least 12 months?

Consumer stakeholders would prefer to see Part B removed from the Code.