Canadian Payments Association By-law No. 1 — General

Marginal note:Maximum number of members

• 10 (1) The Stakeholder Advisory Council is to consist of no more than 20 persons, of which at least one but no more than two must be elected directors of the Association.

• Marginal note:Composition — criteria

  (2) The Council must include

  • (a) at least 12 persons who are representative of users, of which at least two must be representative of consumers, at least one must be representative of the retail sector, at least two must be representative of the federal and provincial governments and at least one must be representative of the treasury and cash management services sector; and

  • (b) at least one person who is representative of payment service providers.