Type

Consumer data right exemption

Date

Trader

  • Alex Bank Pty Ltd

Summary

On 17 November 2022, the Australian Competition and Consumer Commission (ACCC), granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Alex Bank Pty Ltd (Alex Bank) deferring its consumer data sharing obligations until 31 December 2023. The exemption is effective from the date Alex Bank is granted an unrestricted ADI licence. The ACCC granted the exemption in response to an application from Alex Bank.

This exemption was revoked on 16 November 2023. Please refer to Exemption for Alex Bank Pty Ltd dated 16 November 2023.