Which of the Following Statements Is Not True in Relation

Which of the following statements is not true in relation to the Electronic Funds Transfer (EFT) Code?

A) If an institution claims a user has committed fraud the user is obliged to prove he/she is innocent.
B) A financial institution has a contractual obligation to obey the EFT once it has adopted the code.
C) The EFT is a voluntary code.
D) If a secret code was used to carry out an unauthorised transaction and there is no evidence of a fraud or a breach of security requirements the account holder can be required to pay up to $150.