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Bill C-243

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First Session, Forty-third Parliament,
68-69 Elizabeth II, 2019-2020
HOUSE OF COMMONS OF CANADA
BILL C-243
An Act to amend the Payment Card Networks Act (credit card acceptance fees)
FIRST READING, July 20, 2020
NOTE
2nd Session, 43rd Parliament
This bill was introduced during the first session of the 43rd Parliament. Pursuant to the Standing Orders of the House of Commons, it is deemed to have been considered and approved at all stages completed at the time of prorogation of the first session. The number of the bill remains unchanged.
Mr. Brunelle-Duceppe
431142


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.
Available on the House of Commons website at the following address:
www.ourcommons.ca


1st Session, 43rd Parliament,
68-69 Elizabeth II, 2019-2020
HOUSE OF COMMONS OF CANADA
BILL C-243
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

Payment Card Networks Act

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)For the purposes of subsection (1), 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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