Document ID: chunk:federal_register_of_legislation:C2024A00075:clause:1_32
Version: federal_register_of_legislation:C2024A00075
Segment Type: clause
Provision Reference: sch 1 cl 32
Character Range: 9549–10512

32  After subsection 56AI(3)
Insert:

Meaning of CDR consumer for a CDR action
 (3A) A person is a CDR consumer for a CDR action if:
 (a) the performance of the CDR action:
 (i) is for the person; or
 (ii) relates to the person because of circumstances of a kind prescribed by the regulations; and
 (b) the performance of the CDR action is not for the person as:
 (i) an accredited action initiator for CDR actions of that type; or
 (ii) an action service provider for CDR actions of that type; and
 (c) none of the exclusions (if any) prescribed by the regulations apply to the person in relation to the CDR action.
Example: Assume X and Y are both accredited action initiators, and Y gives a valid instruction for the performance of a CDR action (that relates to the supply of accounting services) on X's behalf. X will be a CDR consumer for the CDR action, but Y will not be because of paragraph (b).

Other definitions of consumer do not apply for this Part