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On 14 December 2023, the Australian Competition and Consumer Commission (ACCC) granted a time-limited, conditional exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Heritage and People’s Choice Limited (HPCL) deferring certain obligations (as specified in the exemption instrument) in respect of the cohort of consumers that have products with both the Heritage Bank and People’s Choice brands, but only meet the CDR consumer eligibility criteria with respect to one of those brands until 30 April 2026.
On 14 December 2023, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Liberty Financial Pty Ltd deferring its obligations to disclose its product and consumer data until 1 July 2024.
On 14 December 2023, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) (the Act) to Bendigo and Adelaide Bank Limited (BABL) deferring certain consumer data sharing obligations in relation to its Rural Bank brand until 30 November 2024, and in relation to its Adelaide Bank brand until 30 June 2024 for new and refinanced brokered customers and until 31 December 2025 for existing brokered customers and white-labelled products.
On 14 December 2023, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to National Australia Bank Limited (NAB) deferring its consumer data sharing obligations until 26 February 2026, for Citi-branded mortgage and deposit accounts closed between 1 April 2022 and 25 February 2024 held by individuals, non-individuals and partnerships (including joint accounts).
The ACCC has accepted a court enforceable undertaking from Petstock Pty Limited (Petstock) in relation to Petstock’s completed acquisitions.
On 14 December 2023, the ACCC announced it had accepted a court-enforceable undertaking given by Viva Energy Group Ltd (Viva Energy) pursuant to s87B of the Competition and Consumer Act 2010 (Cth) (the Undertaking) in connection with the proposed acquisition by Viva Energy Retail Pty Ltd of the entities which constitute the On the Run business (the Proposed Acquisition).
The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from Delicia Franchising Pty Ltd (Delicia Franchising) in relation to its failure to comply with the requirements for preparing and providing financial statements for marketing funds administered by it under the Competition and Consumer (Industry Codes – Franchising) Regulations 2014 (Franchising Code).
On 7 December 2023, Surfcoast Telecommunications Pty Ltd provided written notice to the ACCC electing to be bound by the class exemption under section 143A of the Telecommunications Act 1997.