Section 56BP — Competition and Consumer Act 2010: Minister’s tasks before making the rules

Before making consumer data rules under subsection 56BA(1), the Minister must: (a) consider the kinds of matters referred to in paragraphs 56AD(1)(a) and (b) in relation to the making of the rules; and (aa) consider the following kinds of matters in relation to making a rule described in subsection 56BGA(2) (about fees at the instruction layer) for a type of CDR action: (i) whether performers of actions of that type currently charge fees for processing instructions to perform such actions; (ii) whether the incentive to perform actions of that type would be reduced if fees could not be charged for processing such instructions; (iii) the marginal cost of processing such instructions in accordance with the consumer data rules; and (b) be satisfied that the Secretary of the Department has complied with section 56BQ in relation to the making of the rules; and (c) wait at least 60 days after the day public consultation begins under paragraph 56BQ(b) about the making of the rules.