Section 42
Requirement to submit information
of Payment and Settlement Systems (Oversight) Act
(1)
An issuer shall, within such time as the Authority may specify, submit to the Authority all such documents and information regarding the payment instrument as the Authority may require.
(2)
The documents and information referred to in subsection (1) shall include documents and information relating to any user of the payment instrument and the business, affairs, statistics and information on
Payment and Settlement Systems
(Oversight)
B.L.R.O. 9/2022 47
transactions relating to the payment instrument as the Authority may specify under subsection (1).
(3)
The provisions of subsection (1) shall be without prejudice to, and shall not in any manner derogate from, any other power conferred on the
Authority or an investigating officer under this Act.
(4)
The provisions of this section shall have effect notwithstanding any written law as to secrecy or other restriction on the disclosure of information or of any oath, undertaking or requirement of secrecy, to the contrary, or of any obligation under any contract, agreement or arrangement, whether express or implied, to the contrary.