Surcharge information notices
55C Surcharge information notices
The Commission may, by written notice given to a surcharge participant, require the participant to give to the Commission information or documents evidencing either or both of the following:
the amount of a payment surcharge;
the cost of processing a payment in relation to which a payment surcharge was paid.
A corporation is a surcharge participant if, in trade or commerce, the corporation:
charges a payment surcharge; or
processes a payment for which a payment surcharge is charged.
The notice given by the Commission to the surcharge participant is a surcharge information notice.
The surcharge information notice must specify:
the kinds of information or documents to be given to the Commission; and
the period for giving the information or documents.
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