Consumer data right exemptions register

This register contains details of exemptions issued by the ACCC under section 56GD of the Competition and Consumer Act 2010 (the Act). The ACCC may exempt a person from one or more of the provisions of the consumer data right (CDR) regime, which includes the provisions in Part IVD of the Act, regulations made for the purposes of Part IVD and the consumer data rules. 

Recent exemptions

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.

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 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.
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.
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 Arab Bank Australia Limited (Arab Bank) deferring its consumer data sharing obligations until 3 November 2022.
On 4 November 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Australia and New Zealand Banking Corporation Limited (ANZ), deferring its product reference data and consumer data sharing obligations for its new ‘ANZ Plus’ brand products until 31 March 2022.
On 26 October 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Volt Bank Limited (Volt Bank) deferring its reciprocal data sharing obligations for phase 2 products until 1 November 2021 and phase 3 products until 1 February 2022.
On 21 October 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Commonwealth Bank of Australia (CBA) from its obligations to share consumer data for its subsidiary brand, Bankwest, in respect of specified obsolete product lines.
On 21 October 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Citigroup Pty Ltd for all closed Virgin Money Australia Online Saver accounts it issued on behalf of Bank of Queensland Limited.
On 7 October 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Judo Bank Pty Ltd (Judo Bank) deferring its phase 2 and phase 3 consumer data sharing obligations until 1 March 2023.
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.