law: Payment and Settlement Systems Act, 2007
  Chapter V: Rights and
  
  Duties of a System Provider
  20. System provider
  
  to act in accordance with the Act, regulations, etc. -
  Every system provider
  
  shall operate the payment system in accordance with the provisions of this Act,
  
  the regulations, the contract governing the relationship among the system
  
  participants, the rules and regulations which deal with the operation of the
  
  payment system and the conditions subject to which the authorisation is issued,
  
  and the directions given by the Reserve Bank from time to time.