Consumer Data Right (Authorised Deposit-Taking Institutions) Designation 2019
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Consumer Data Right (Authorised Deposit-Taking Institutions) Designation 2019
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(1) This section applies to information that: (a) is about: (i) a person to whom a product has been, or is being, supplied; or (ii) the person’s associate, where that product has also been, or is also being, supplied to the associate; and (b) was: (i) provided by the person, or the person’s associate, in connection with the person’s acquisition or use of the product; or (ii) otherwise obtained by or on behalf of the entity that holds the information, or on whose behalf the information is held. (2) The information mentioned in subsection (1) includes, but is not limited to, the following: (a) information identifying the person or associate; (b) information relevant to the eligibility of the person or associate to acquire or use a product or a feature of a product; (c) the contact details of the person or associate.
Note: Example 1: For paragraph 6(1)(a), where the person or associate is a business, information about that person or associate would include the type of the business or organisation (for example, whether it is incorporated), the establishment date, the country of registration, and whether the business is a charitable or not-for-profit organisation.
Note: Example 2: For paragraph 6(2)(a), information identifying an individual would, among other things, include their name. Where the person or associate is a business, that information would include the person or associate’s business name and business number (such as an ABN or ACN).