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On 25 February 2021 the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to IMB Limited, deferring the commencement date of its Phase 1 consumer data sharing obligations until 1 November 2021.
On 25 February 2021 the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Bendigo and Adelaide Bank Limited (BAB), deferring the commencement dates of its consumer data sharing and direct to consumer obligations in respect of Delphi Bank, Rural Bank and Alliance Bank brands until 1 July 2022, and in respect of the Adelaide Bank brand until 1 November 2022.