Section 56AMB - Competition and Consumer Act 2010 - Meanings of action service provider and voluntary action service provider

56AMBMeanings of action service provider and voluntary action service provider

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56AMB Meanings of action service provider and voluntary action service provider

(1) A person is an action service provider, for a type of CDR action, if the person:

(a) is within a class of data holders (of CDR data) declared in the CDR declaration for that type of CDR action; or

(b) is a voluntary action service provider for that type of CDR action.

Note 1: A data holder covered by paragraph (a) has no choice about being an action service provider for CDR actions of that type.

Note 2: A data holder covered by paragraph (a) for one or more types of CDR actions will not be an action service provider for any other type of CDR action unless the data holder chooses to apply to be a voluntary action service provider.

(2) A person is a voluntary action service provider, for a type of CDR action, if:

(a) paragraph (1)(a) does not apply to the person for that type of CDR action; and

(b) the person holds an approval, of the kind described in subsection 56BHA(1), under the consumer data rules for that type of CDR action.

Note: The person will need to have applied to be approved as an action service provider for CDR actions of that type (see subsection 56BHA(1)).