Document ID: chunk:federal_register_of_legislation:F2025L00272:clause:1_2:p1
Version: federal_register_of_legislation:F2025L00272
Segment Type: clause
Provision Reference: sch 1 cl 2 (pt 1/4)
Character Range: 26007–29463

2                                      Banking sector only      (a) a savings account;
                                                                (b) a call account;
                                                                (c) a term deposit;
                                                                (d) a current account;
                                                                (e) a cheque account;
                                                                (f) a debit card account;
                                                                (g) a transaction account;
                                                                (h) a personal basic account;
                                                                (i) a GST or tax account;
                                                                (j) a cash management account;
                                                                (k) a farm management account;
                                                                (l) a pensioner deeming account;
                                                                (m) a retirement savings account;
                                                                (n) a trust account;
                                                                (o) a foreign currency account.

1.5  Meaning of trial product
 (1) For these rules, in relation to the banking sector and NBL sector, a covered product is a trial product if the product is offered:
 (a) with the description "pilot" or "trial"; and
 (b) with a statement that it will operate as a pilot or trial for a period that ends no more than 6 months after the initial offering (the trial period); and
 (c) on the basis that the number of customers supplied with the product for the purposes of the trial will be no more than 1,000; and
 (d) with a statement that the product may be terminated before the end of the trial period and that, if it is, the CDR data in relation to the product may not be available for data sharing under these rules.
 (2) A covered product will cease to be a trial product from the first time any of the following occurs:
 (a) the product is supplied or offered after the end of the trial period;
 (b) the product begins to be supplied to more than 1,000 customers.

Part 2—Eligible CDR consumers: banking and NBL sectors

2.1  Additional criterion for eligibility—banking and NBL sectors
  For the purposes of subrules 1.10B(1) and (2), the additional criterion for a CDR consumer to be eligible in relation to a particular data holder in the banking sector or the NBL sector at a particular time, is that the account mentioned in paragraph 1.10B(1)(b) or (2)(b) is set up in such a way that, at that time, it can be accessed online.
Note: Rule 1.10B provides, among other things, that a person is eligible in relation to a data holder if the person is:
(a) an account holder or secondary user for an account with the data holder; or
(b) a partner in a partnership that has an account with the data holder (whether or not the person is an account holder or secondary user).

2.2  Meaning of account privileges—banking and NBL sectors
 (1) This clause is made for the purposes of the definition of account privileges in subrule 1.7(1).
 (2) For the banking sector and NBL sector, a person has account privileges in relation to an account the person holds with a data holder in either of those