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Bill S-215

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SUMMARY
This enactment amends the Payment Card Networks Act in order to limit the fees that the participants in a designated payment card network require from merchants who accept payments by credit card. The payment card networks operated in Canada by Visa and MasterCard are designated. The Minister of Finance may vary the fee limits and is responsible for supervising the compliance of the participants. The Minister may seek an order of a court to enforce compliance.

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