Consumer data right exemption



  • IMB Ltd


On 18 June 2020 the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to IMB  Ltd. The exemption defers the scheduled commencement date of product reference data obligations to 1 July 2021, in relation to products offered by IMB's Hunter United brand. The ACCC granted the exemption in response to an application from IMB Ltd, and in consideration of the recent merger between IMB Ltd and Hunter United Employees' Credit Union Ltd.