Section 22
Duty to keep documents in the payment system confidential.
The Payment and Settlement Systems Act, 2007
About this Act
An Act to provide for the regulation and supervision of payment systems in India and to designate the Reserve Bank of India as the authority for that purpose and for matters connected therewith or incidental thereto.
(1) A system provider shall not
disclose to any other person the existence or contents of any document or part thereof or other
information given to him by a system participant, except where such disclosure is required under the
provisions of this Act or the disclosure is made with the express or implied consent of the system
participant concerned or where such disclosure is in obedience to the orders passed by a court of
competent jurisdiction or a statutory authority in exercise of the powers conferred by a statute.
(2) The provisions of the Bankers' Book Evidence Act, 1891(18 of 1991) shall apply in relation to the information or documents or other books in whatever form maintained by the system provider.
(2) The provisions of the Bankers' Book Evidence Act, 1891(18 of 1991) shall apply in relation to the information or documents or other books in whatever form maintained by the system provider.