Competition and Consumer (Consumer Data Right) Rules 2020
Part 4A: Joint accounts – Competition and Consumer (Consumer Data Right) Rules 2020

Competition and Consumer (Consumer Data Right) Rules 2020 4A.14: Rule 4A.14: send approval notifications and offer alternative notification schedules

The data holder must notify relevant holders when the requester gives, amends or withdraws an authorisation or it expires, and notify the requester when a holder fails to approve in time or withdraws approval, in accordance with the data standards, as soon as practicable after the event (unless the holder chose an alternative schedule) and through its ordinary means of contact (civil penalty). It must provide alternative notification schedules, including less frequent or no notifications, and a way for each holder to select and change them (civil penalty).

Maintained by Gerard Blokdyk

Other controls in Part 4A: Joint accounts – Competition and Consumer (Consumer Data Right) Rules 2020

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