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

Q72 – Should the EFT Code include a statement of objectives? If so, what should the objectives of the EFT Code be?

It is unclear what could be achieved by a Statement of objectives and it may take some time to reach agreement amongst diverse stakeholders. This is a low priority issue and resources and effort should be allocated to other tasks.