Accredited persons must act efficiently, honestly and fairly when initiating CDR actions etc
56BZA Accredited persons must act efficiently, honestly and fairly when initiating CDR actions etc
A person contravenes this section if:
the person is an accredited person; and
the person’s accreditation authorises the person to initiate a type of CDR action; and
the person engages in conduct that includes:
proposing to a potential CDR consumer for a CDR action of that type that the person give a valid instruction under the consumer data rules for the performance of the CDR action; or
giving a valid instruction under the consumer data rules for the performance of a CDR action of that type; and
the person fails to act efficiently, honestly and fairly in relation to a matter described in subparagraph (c)(i) or (ii).
For enforcement, see Part VI (including section 76 for an order for payment of a pecuniary penalty).
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