Competition and Consumer (Data Standards Body) Appointment 2021
I, Jane Hume, Minister for Superannuation, Financial Services and the Digital Economy:
(a) under subsection 56FJ(2) of the Competition and Consumer Act 2010, terminate the appointment of the Commonwealth Scientific and Industrial Research Organisation as the Data Standards Body; and
(b) under subsection 56FJ(1) of the Competition and Consumer Act 2010, appoint the Department as the Data Standards Body.
This instrument commences on 28 February 2021.
Note: This appointment has effect until terminated under subsection 56FJ(2) of the Competition and Consumer Act 2010.
Dated 24 February 2021
Jane Hume
Minister for Superannuation, Financial Services and the Digital Economy
Overview
The Competition and Consumer (Data Standards Body) Appointment 2021 was enacted in 2021 to address the need for a specific body responsible for setting data standards in the context of competition and consumer law. This notifiable instrument was introduced by Jane Hume, the Minister for Superannuation, Financial Services and the Digital Economy, under the authority vested in her by subsection 56FJ(2) of the Competition and Consumer Act 2010. The primary objective of this appointment is to streamline and formalise the process of setting data standards, ensuring that they are aligned with the evolving digital economy and the needs of consumers and businesses alike. By appointing the Department as the Data Standards Body, the legislation aims to provide clarity and consistency in the implementation of data standards across various sectors, thereby supporting fair competition and protecting consumer interests.
Scope and Application
The Competition and Consumer (Data Standards Body) Appointment 2021 applies to the entities designated as the Data Standards Body under the Competition and Consumer Act 2010. Specifically, the Act terminates the existing appointment of the Commonwealth Scientific and Industrial Research Organisation and replaces it with an appointment of the Department as the Data Standards Body. This change is effective from 28 February 2021 and impacts the regulatory and operational framework concerning data standards within Australia, ensuring alignment with the broader objectives of the Competition and Consumer Act. The instrument is issued under the authority of Jane Hume, the Minister for Superannuation, Financial Services, and the Digital Economy, and operates within the Commonwealth jurisdiction, influencing entities involved in data handling and standards across various industries. There are no stated exclusions or exemptions within this instrument, and its application is direct and comprehensive within the scope defined by the Competition and Consumer Act 2010.
Key Provisions
The Competition and Consumer (Data Standards Body) Appointment 2021I, signed by Jane Hume, Minister for Superannuation, Financial Services and the Digital Economy, primarily includes two key provisions as per subsections 56FJ(1) and 56FJ(2) of the Competition and Consumer Act 2010. Firstly, section (a) of the instrument mandates the termination of the Commonwealth Scientific and Industrial Research Organisation's (CSIRO) appointment as the Data Standards Body. Secondly, section (b) of the instrument appoints the Department as the new Data Standards Body. This instrument became effective on 28 February 2021.
In accordance with the provisions of the Competition and Consumer (Data Standards Body) Appointment 2021I, both the CSIRO and the Department are subject to specific obligations and requirements. The CSIRO, having had its appointment terminated, must cease any activities and responsibilities previously associated with being the Data Standards Body. Conversely, the Department, as the newly appointed Data Standards Body, is required to undertake the duties and responsibilities that were previously held by the CSIRO. These responsibilities likely include the development and enforcement of data standards within the scope of the Competition and Consumer Act 2010.
The Competition and Consumer (Data Standards Body) Appointment 2021I does not explicitly outline offences, penalties, or specific civil or criminal consequences for breaches of the Act. However, it is important to note that any failure to comply with the Act’s provisions could potentially lead to legal actions under the broader framework of the Competition and Consumer Act 2010. The maximum penalties for breaches of this Act can vary widely depending on the nature and severity of the breach, but they can include substantial fines and, in some cases, imprisonment for individuals found guilty of serious offences.
It is also worth noting that the appointment made by this instrument is effective until it is terminated under subsection 56FJ(2) of the Competition and Consumer Act 2010. This means that the Department’s role as the Data Standards Body is not indefinite and could be subject to future changes or terminations as dictated by the relevant legislative provisions.