Home›The Payment and Settlement Systems Act, 2007›Chapter IIIChapter IIIAUTHORISATION OF PAYMENT SYSTEMSSections in this chapterSection 4 — Payment system not to operate without authorisation.Section 5 — Application for authorisation.Section 6 — Inquiry by the Reserve Bank.Section 7 — Issue or refusal of authorisation.Section 8 — Revocation of authorisation.Section 9 — Appeal to the Central Government.