Document ID: chunk:federal_register_of_legislation:F2024C01258:clause:3_3:p2
Version: federal_register_of_legislation:F2024C01258
Segment Type: clause
Provision Reference: sch 3 cl 3 (pt 2/6)
Character Range: 392456–395117

for persons who are partners in the partnership (but who need not themselves be account holders or secondary users) to be eligible.

2.2  Meaning of account privileges—banking sector
 (1) This clause is made for the purposes of the definition of account privileges in subrule 1.7(1) of these rules.
 (2) For the banking sector, a person has account privileges in relation to an account with a data holder if:
  (a) the account is for a phase 1, a phase 2 or a phase 3 product; and
  (b) the person is able to make transactions on the account.

2.3  Consumer dashboard—application of rule 1.15
  For subrule 1.15(1), if a data holder receives a consumer data request from an accredited person on behalf of an eligible CDR consumer the data holder must provide the CDR consumer with the consumer dashboard.

Part 3—CDR data that may be accessed under these rules—banking sector

3.1A  Application of Part
 (1) Subject to subclause (2), this Part applies in relation to:
 (a) phase 1 products; and
 (b) phase 2 products; and
 (c) phase 3 products.
Note: See Part 6 of this Schedule for the staged application of these rules to the banking sector. CDR data relating to different phase products will become available at different times, in accordance with that Part.

Trial products
 (2) This Part does not apply in relation to a product while it is a trial product.
Note: If a trial product ceases to be a trial product in accordance with subclause 1.5(2) of this Schedule, the data holder must comply with its obligations under this Part in relation to the product. The obligations cover any CDR data generated while the product was a trial product.

3.1  Meaning of required product data and voluntary product data—banking sector
 (1) For these rules, required product data, in relation to a data holder in the banking sector, means CDR data for which there are no CDR consumers:
 (a) that is within a class of information specified in the banking sector designation instrument; and
 (b) that is about the eligibility criteria, terms and conditions, price, availability or performance of a product; and
 (c) in the case where the CDR data is about availability or performance—that is publicly available; and
 (d) that is product specific data about a product; and
 (e) that is held in a digital form.
Note:  Paragraphs (b) and (c) are based on subsection 56BF(1) of the Act.
 (2) For these rules, voluntary product data, in relation to a data holder in the banking sector, means CDR data for which there are no CDR consumers:
 (a) that is within a class of information specified in the banking sector designation instrument; and
 (b) that is product specific data