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Customer and Product Data Bill

Introduced on May 16. The bill introduces a “consumer data right”. The intention is to give customers (including both individuals and entities) in designated sectors greater control over how their customer data is accessed and used, promote innovation and facilitate competition, and facilitate secure, standardised, and efficient data services. The Bill aims to achieve this by requiring businesses that hold designated customer data (data holders) to provide that data to the customer and, with the customer’s authorisation, to accredited third parties.

 

 

Customer and Product Data Bill