18. — F9[(1) The Bank may, subject to the approval of the Minister, prescribe the fee that a person who operates a payment system must pay to the Bank in relation to the operation of the system. Different fees may be prescribed for different classes of operators of payment systems.]

(2) Where the F9[Bank] proposes to prescribe a fee under subsection (1), F9[it]—

(a) shall notify the persons of the class to which the proposed fee relates of that proposed fee, and

(b) shall not prescribe the fee until F9[it] has considered any representations made to F9[it] within such period, being not less than two months after the date the notification was sent to each person concerned.