The Australian Competition and Consumer Commission (ACCC) has issued a determination re-authorising the suspension and termination provisions of the Australian Payments Clearing Association’s (APCA) Australian Paper Clearing System (APCS) regulations. The ACCC has re-authorised the provisions for ten years.

The APCS ensures the implementation and operation of effective systems, policies and procedures for the processing of cheques and other paper based instruments between its members.

Further information is available on the authorisations register.