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Bill C-236

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First Session, Forty-second Parliament,
64-65 Elizabeth II, 2015-2016
HOUSE OF COMMONS OF CANADA
BILL C-236
An Act to amend the Payment Card Networks Act (credit card acceptance fees)
FIRST READING, FEBRUARY 25, 2016
Ms. Lapointe
421125


SUMMARY
This enactment amends the Payment Card Networks Act to confer on the Governor in Council the power to set a limit on the credit card acceptance fees that a payment card network operator may charge a merchant.
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1st Session, 42nd Parliament,
64-65 Elizabeth II, 2015-2016
HOUSE OF COMMONS OF CANADA
BILL C-236
An Act to amend the Payment Card Networks Act (credit card acceptance fees)
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
2010, c. 12, s. 1834
1The Payment Card Networks Act is amended by adding the following after section 5:
Credit card acceptance fees
Limit
5.‍1
(1) The credit card acceptance fees that a payment card network operator may charge a merchant must not exceed the limit prescribed by regulation for each category of users.
Regulations
(2) 
The Governor in Council may, by regulation,
(a) define “credit card acceptance fees”;
(b) establish categories of users; and
(c) set limits on credit card acceptance fees.
Published under authority of the Speaker of the House of Commons

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