Canadian Payments Association By-law No. 3 — Payment Items and Automated Clearing Settlement System
Version of section 5 from 2022-06-01 to 2024-11-26:
Marginal note:Means of settlement
5 Settlement is effected by one of the following means, as specified in the rules:
(a) [Repealed, SOR/2021-182, s. 54]
(a.1) by a payment message as defined in section 1 of the Canadian Payments Association By-law No. 9 — Lynx;
(b) on the basis of clearing balances established by the ACSS; or
(c) through a clearing agent.
- SOR/2021-182, s. 54
- Date modified: