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On 11 August 2022, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Origin Energy Electricity Limited (Origin) deferring until 15 May 2023 its consumer data sharing obligations in respect of customers on Origin’s Velocity customer management and billing system that are not classified as large customers.
On 11 August 2022, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Arab Bank Australia Limited (Arab Bank) deferring its consumer data sharing obligations in respect of joint accounts and in respect of non-individuals, nominated representatives, partnerships and secondary users until 31 May 2023.
On 11 August 2022, the Australian Competition and Consumer Commission (ACCC) granted a permanent exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Commonwealth Bank of Australia (CBA) in relation to consumer data sharing obligations and direct-to-consumer obligations for its subsidiary brand, Bankwest, in respect of grandfathered business banking products, and in relation to its obligation to provide a service for non-individuals and partnerships to nominate an individual(s) to manage authorisations to disclose CDR data on their behalf for Bankwest Business and retail products.