Document ID: chunk:federal_register_of_legislation:C2024A00075:clause:1_155
Version: federal_register_of_legislation:C2024A00075
Segment Type: clause
Provision Reference: sch 1 cl 155
Character Range: 70233–71548

155  After subsection 56AO(3)
Insert:

CDR provisions apply for CDR actions to be performed inside Australia
 (3A) To the extent that the CDR provisions have effect in relation to a CDR action to be performed within Australia, the CDR provisions apply in relation to all persons (including foreign persons).
Example: Requirements in the consumer data rules relating to giving a valid instruction for the performance of a CDR action within Australia can apply to the accredited action initiator for the CDR action even if the accredited action initiator is a foreign person.

CDR provisions can apply for CDR actions to be performed outside Australia
 (3B) To the extent that the CDR provisions have effect in relation to an act, or omission, relating to a CDR action to be performed outside Australia, the CDR provisions only apply if:
 (a) the act or omission is by (or on behalf of) an Australian person; or
 (b) the act or omission occurs wholly or partly in Australia, or wholly or partly on board an Australian aircraft or an Australian ship.
Example: Requirements in the consumer data rules relating to giving a valid instruction for the performance of a CDR action outside Australia can apply to the accredited action initiator for the CDR action if the accredited action initiator is an Australian person.