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On 23 September 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) (the Act), to Beyond Bank Australia Ltd (Beyond Bank) deferring its reciprocal data sharing obligations for phase 2 products until 1 November 2021 and phase 3 products until 1 February 2022.
On 9 September 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Beyond Bank Australia Ltd (Beyond Bank) deferring the commencement of its consumer data sharing obligations in relation to former customers of EECU Ltd (trading as Nexus Mutual) until 9 September 2022.
On 12 August 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Westpac Banking Corporation from its obligations to share consumer data in relation to the Bank SA 904 loan products issued by Westpac Banking Corporation under its BankSA brand.
On 1 July 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Cuscal Limited (Cuscal) deferring the commencement dates of its phase 1 and phase 2 consumer data sharing obligations, and its direct-to-consumer obligations, until 1 February 2022.
On 24 June 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Members Equity Bank Limited (ME Bank) deferring the commencement dates of its phase 1, phase 2 and direct-to-consumer data sharing obligations until 1 July 2022.
On 24 June 2021, 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 deferring the commencement dates of its Phase 1 and 2 consumer data sharing obligations (all phases) and its direct-to-consumer obligations, for all products, until 1 January 2022.
On 10 June 2021, 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 dates of its consumer data sharing obligations (all phases) and its direct-to-consumer obligations, for products held by a sole individual as trustee for a trust, until 1 November 2022.
On 10 June 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to G&C Mutual Bank Limited delaying the commencement date of its consumer data sharing, and direct-to-consumer, obligations until 31 December 2021.