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On 5 May 2022, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Northern Inland Credit Union Limited (NICU), deferring the commencement date of its phase 1, 2 and 3 consumer data sharing obligations and its direct-to-consumer obligations until 1 November 2022.
On 7 April 2022, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Macquarie Credit Union Limited (MCU) deferring its consumer data sharing obligations until 31 March 2023.
On 24 March 2022, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to the Commonwealth Bank of Australia (CBA) in relation to consumer data sharing obligations for the loan component of the Direct Money Market System Cash Relationship Account product issued by Commonwealth Bank of Australia.
On 10 February 2022, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to AMP Bank Ltd deferring the commencement date of its consumer data sharing obligations for products held by two or more individuals that are trustees, until 1 November 2022.
On 28 January 2022, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to the 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 specified products.

Exemption for IMB Ltd

28 January 2022
On 28 January 2022, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to IMB Ltd (IMB) from its obligation to share consumer data in relation to its Retirement Savings Account product.
On 16 December 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Teachers Mutual Bank Limited (TMBL) from its obligation to share consumer data relating to transactions that occurred prior to 1 November 2020 in respect of former members of Pulse Credit Union Limited.