Canadian Payments Association By-law No. 3 — Payment Items and Automated Clearing Settlement System

The Board of Directors of the Canadian Payments Association, pursuant to the definition payment item in subsection 2(1) and to subsection 18(1) of the Canadian Payments Act, hereby makes the annexed Canadian Payments Association By-law No. 3 — Payment Items and Automated Clearing Settlement System.^notenotenoteOttawa, June 25, 2003Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 18(2) of the Canadian Payments Act, hereby approves the annexed Canadian Payments Association By-law No. 3 — Payment Items and Automated Clearing Settlement System, made by the Board of Directors of the Canadian Payments Association.