What the official record says
This Act is the Retail Payment System (Ban on Merchant Surcharges) Amendment Act . This Act comes into force 1 month after Royal assent. This Act amends the Retail Payment System Act 2022. In section 3, insert as subsection (2): However, . In section 4(1), after , insert ) . Replace section 5(c) with: prohibits merchants from charging payment surcharges in certain circumstances; and in cases where payment surcharges are not prohibited, enables the Commission to regulate them; and In Part 3, before subpart 1, insert: The purpose of this subpart is to prohibit payment surcharges in certain circumstances where it is in the interests of transparency, certainty, and convenience for consumers. In this subpart, the purpose set out in applies in place of the purpose set out in section 3. The funct