ACCC Can Share Info With Reserve Bank; ACCC Can Set Prices for Cash Distribution Services; Fines for Ignoring ACCC Directions up to $18 Million;
Cash Distribution Framework (Consequential Amendments and Transitional Provisions) Bill 2026
House of Representatives
Senate
Assent
Topics
cash distribution consumer access corporate governance financial services information sharing payment systems
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The ACCC can share information with the Reserve Bank of Australia; the Reserve Bank can use this data to perform its cash distribution functions.
The ACCC can order designated entities to provide cash distribution services or facilities on specific terms; this includes setting prices.
Designated entities face civil penalties for ignoring ACCC interim directions; fines for companies can reach 50,000 penalty units (2026: $18,200,000) or triple the benefit gained.
Designated entities must notify negotiating partners that the ACCC can issue interim directions; failure to provide this notice is a civil penalty offence.
The Federal Court cannot stay or stop an ACCC interim direction while a legal challenge is being finalised.
Directors are protected from certain insolvent trading liabilities for debts incurred while the appointment of an external administrator is blocked.