If you are a minor in Australia (17 years old or under), you won’t be able to connect your bank accounts to PocketSmith under the CDR (Consumer Data Right) legislation.
1.10B Meaning of eligible
Note: Sector Schedules may add additional criteria for eligibility. See also:
- for the banking sector and non-bank lenders sector—clause 2.1 of Schedule 3;
- for the energy sector—clause 2.1 of Schedule 4.
(1) A CDR consumer is eligible, in relation to a particular data holder at a particular time, if, at that time:
(a) the CDR consumer is either:
(i) an individual who is 18 years of age or older; or
(ii) a person who is not an individual; and
(b) the CDR consumer is an account holder or a secondary user for an account with the data holder that is open; and
(c) any additional criteria set by the relevant sector Schedule for this subrule are met.
(2) A CDR consumer is also eligible, in relation to a particular data holder at a particular time, if, at that time:
(a) the CDR consumer is a partner in a partnership for which there is a partnership account with the data holder; and
(b) the account is open; and
(c) any additional criteria set by the relevant sector Schedule for this subrule are met.