Payment surcharges must not be excessive
(1) A corporation must not, in trade or commerce, charge a payment surcharge that is excessive. (2) A payment surcharge is excessive if: (a) the surcharge is for a kind of payment covered by: (i) a payment system standard; or (ii) regulations made for the purposes of this subparagraph; and (b) the amount of the surcharge exceeds the permitted surcharge referred to in the payment system standard or the regulations. (3) Subsection (1) does not apply to a corporation who is exempted from its operation by the regulations.
Sourced from the Federal Register of Legislation at 22 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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