Document ID: chunk:federal_register_of_legislation:C2024A00075:clause:1_56bza
Version: federal_register_of_legislation:C2024A00075
Segment Type: clause
Provision Reference: sch 1 cl 56BZA
Character Range: 36821–37688

56BZA  Accredited persons must act efficiently, honestly and fairly when initiating CDR actions etc.
  A person contravenes this section if:
 (a) the person is an accredited person; and
 (b) the person's accreditation authorises the person to initiate a type of CDR action; and
 (c) the person engages in conduct that includes:
 (i) proposing to a potential CDR consumer for a CDR action of that type that the person give a valid instruction under the consumer data rules for the performance of the CDR action; or
 (ii) giving a valid instruction under the consumer data rules for the performance of a CDR action of that type; and
 (d) the person fails to act efficiently, honestly and fairly in relation to a matter described in subparagraph (c)(i) or (ii).
Note: For enforcement, see Part VI (including section 76 for an order for payment of a pecuniary penalty).