No. I 2018 (e) a parastatal; (I) a moneylender. (2) Subject to subsections (4) and (5). c\·ery designated payee shall. if a person tenders payment for its goods or sen· ices by electronic means instead of cash or partly hy cash and partly by electronic means, accept the tenJer of such payment (3) :\o designated payee shall charge or apply a premium or discount to the price of its goods or services on the has is that the person has paid for its goods or services by cash or electronic means instead of cash. or partly by cash and pat11y h) electronic means. (-1-) Ever) existing desi,!-'11ated payee must, h) the lsi ApriL 2018(a) acquire any de\·ice that facilitates the electronic payment fix its goods or sen ices (common! y known as a "point or sale machine"); or (h) facilitate the payment for its goods or services electronically by the use of a mobile telephonic device or a computtr. (5) { :nless a designated payee has availed to its customers both of the means of electronic payment referred to in subsection (-1-)(a) and (h), the designated payee can require a person who tenders to pa) for goods or services hy electronic means to pay hy the usc of the means referred to in subsection (-1-)(a) or (h). (6) The Llnit may, by notice in the Ga::erte, exempt from the requirements of subsection (2) any designated payee. whether by relcrencc to a class or description of such designated payees or by reference a maximum total monthly tumover generated by such payee, (7) Every designated payee who is not able to comply with this section hy the 1st April, 2018, must apply to the Director of the l :nit in \\'titing for an extension of time within which to comply. setting out the reasons why he or she cannot comply by the lixed date, and the Director shall, on good cause sho·wn. grant an extension for compliance not exceeding thit1y (30) days.''; (h) in section 11 ("Traders and parastatals to bank surplus cash in an account within a certain time") is amended in paragraph (b) hy the deletion of "seventy-five dollars" and the substitution of "two hundred dollars"; (c) in section I 5 ("i\ Ia xi mum cash to be kept by moneylenders")( 1) is amended by the deletion of "five thousand dollars" and the substitution of "ten thousand dollars"; (d) in section 19 ("Compliance orders under Part HI") (i) in subsection ( l) by the inset1ion after paragraph (a) of the following paragraph"(a I) in the case of a contra\'ention of section 1OA, either or both of the following as may be appropriate-(i) to immediately comply with section 10.\(l); or (ii) to comply with section lOA(-+) within se,·en days of the date of setvice of the order; "; (ii) in subsection (S)(a) by the deletion of "contravention of section ten" and the substitution of "contravention of section 10 or lOA"; 39