Retail Payment Activities Act (S.C. 2021, c. 23, s. 177)

AMENDMENTS NOT IN FORCE

• — 2026, c. 3, s. 604

  • 604 The definition payment function in section 2 of the Retail Payment Activities Act is amended by striking out “or” at the end of paragraph (d), by adding “or” at the end of paragraph (e) and by adding the following after paragraph (e):

    • (f) the transmission or maintenance of an end user’s encrypted or tokenized payment instrument or an end user’s private key, whether or not the private key is encrypted or tokenized. (fonction de paiement)

• — 2026, c. 3, s. 605

  • 605 Subsection 18(1) of the Act is amended by striking out “and” at the end of paragraph (b), by adding “and” at the end of paragraph (c) and by adding the following after paragraph (c):

    • (d) any prescribed individual or entity, if the incident relates to a unit that meets prescribed criteria.