Commonwealth Consolidated Regulations

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COMPETITION AND CONSUMER REGULATIONS 2010 - REG 28RB

Modifications of certain provisions for parts of the banking sector

    For the purposes of paragraph   56GE(2)(c) (modifications) of the Act, this regulation declares that the provisions of the Competition and Consumer (Consumer Data Right) Rules   2020 apply in relation to:

  (a)   the classes of data holders referred to in subclause   6.6(1) of Schedule   3 to those Rules; and

  (b)   the classes of CDR data referred to in that subclause;

as if that subclause were modified by replacing the commencement table in that subclause with the following:

 

Data holder

Data sharing obligations

Start date
to
31 Jan 2021

1 Feb 2021
to
28 Feb 2021

1 Mar 2021
to
30 Jun 2021

1 Jul 2021
to
31 Oct 2021

1 Nov 2021
to
31 Jan 2022

1 Feb 2022
to
30 Sept
2022

 

1 Oct 2022
onward

Initial data holders (NAB, CBA, ANZ, Westpac branded products)

Part   2

All product phases

All product phases

All product phases

All product phases

All product phases

All product phases

All product phases

Part   3

-

-

-

-

-

-

-

Part   4

Phase 1
Phase 2

All product phases

All product phases

All product phases

All product phases

All product phases

All product phases

Any other relevant ADI and initial data holders for non - primary brands

Part   2

Phase 1

Phase 1
Phase 2

Phase 1
Phase 2

All product phases

All product phases

All product phases

All product phases

Part   3

-

-

-

-

-

-

-

Part   4

-

-

-

Phase 1 JAE

CODE

Phase 1
Phase 2
JAE

All product phases
JAE

All product phases

Accredited ADI and accredited non - ADI (reciprocal data holder)

Part   2

All product phases

All product phases

All product phases

All product phases

All product phases

All product phases

All product phases

Part   3

-

-

-

-

-

-

-

Part   4

-

-

Phase 1 JAE

CODE

All product phases
JAE

All product phases
JAE

All product phases
JAE

All product phases


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