Section 1 - Application of this Act Section 2 - Application of relevant enactments Section 3 - Functions of the Bank of Ghana Section 4 - Payment Systems Advisory Committee Section 5 - Meetings of the Payment Systems Advisory Committee Section 6 - Disclosure of interest Section 7 - Operation as a payment service provider Section 8 - Application for a payment system licence Section 9 - Carrying on payment service business without a licence Section 10 - Application for payment systems authorisation Section 11 - Carrying on the business of payment service without authorisation Section 12 - Suspension of a payment system licence or authorisation Section 13 - Revocation of a payment system licence or authorisation Section 14 - Publication of notice of revocation Section 15 - Prohibited conduct for payment service provider Section 16 - Cessation to hold office Section 17 - Capital requirements Section 18 - Governance arrangements Section 19 - Fees Section 20 - Technology, security and controls Section 21 - Engagement in electronic money business Section 22 - Authorisation of electronic money issuer Section 23 - Operation as dedicated electronic money issuer Section 24 - Licensing of dedicated electronic money issuer Section 25 - Engaging in electronic money business without a licence Section 26 - Contravention of terms of licence or authorisation, Section 27 - Validity and renewal of licence or authorisation granted under this Act Section 28 - Review and appeal procedure for refusal of licence or authorisation Section 29 - Issuance and redeemability Section 30 - Permissible transactions Section 31 - Prohibited activities Section 32 - Account types and transaction limits Section 33 - Dormant account Section 34 - Compliance requirements Section 35 - Customer due diligence requirements Section 36 - Liquid assets requirements Section 37 - Fund isolation requirements Section 38 - Outsourcing of activities Section 39 - Transfer and termination of electronic money services Section 40 - Oversight Section 41 - Systems monitoring and measurements Section 42 - Submission of information and periodic returns Section 43 - Requirement for material change Section 44 - Principles of consumer protection Section 45 - Responsibilities of electronic money issuer and payment service provider Section 46 - Right and responsibility of electronic money holder Section 47 - Complaint procedure Section 48 - Establishment and designation of payment systems by Bank of Ghana Section 49 - Access to participation in system approved by Bank of Ghana Section 50 - Supervision of established and designated systems Section 51 - Systemic risk Section 52 - Retention of records Section 53 - Transparency requirement Section 54 - Customer information before the execution of a transfer Section 55 - Customer information after the execution of a transfer Section 56 - Rights of parties to negotiate obligations under a transaction Section 57 - Transfer time obligation Section 58 - Obligation to make funds available upon transfer Section 59 - Delay attributable to originator or beneficiary Section 60 - Other rights Section 61 - Obligation to transfer full amount Section 62 - Obligation to refund in the event of non-execution Section 63 - Transfer finality Section 64 - Irrevocability Section 65 - Settlement Section 66 - Transfer of electronic money Section 67 - Netting agreements and netting rules Section 68 - Collateral for payment and settlement of obligations Section 69 - Admissibility of evidence Section 70 - Establishment of clearing house Section 71 - Functions of clearing house Section 72 - Participation in clearing house Section 73 - Clearing agency Section 74 - Clearing charges Section 75 - Withdrawal by clearing participant Section 76 - Suspension of participation Section 77 - Cessation of participation in clearing house Section 78 - Re- admission to participate in clearing house Section 79 - Presentment of electronic instrument Section 80 - Nature of presentment of electronic instrument Section 81 - Admissibility of electronic image of payment instrument as evidence Section 82 - Unlawful custody of funds Section 83 - Responsibility of collecting bank Section 84 - Verification of payment instrument Section 85 - Accreditation of printer of payment instrument or vendor of payment equipment Section 86 - Authorisation for agency business Section 87 - Requirements of agency agreement Section 88 - Responsibilities of principal and master-agent Section 89 - Agent eligibility and due diligence Section 90 - Permissible activities of agent Section 91 - Non-permissible activities of agent Section 92 - Appointment of agent Section 93 - Appointment of master-agent Section 94 - Agent exclusivity Section 95 - Customer due diligence Section 96 - Termination of agency agreement Section 97 - Oversight Section 98 - Reporting requirements Section 99 - Notification of changes Section 100 - Regulations Section 101 - Rules and guidelines Section 102 - Interpretation Section 103 - Repeal and savings Section 104 - Transitional provisions First Schedule Second Schedule Third Schedule