Fees and levies for Consumer Data Right

What are fees and levies

Fees and levies are charges set under the Customer and Product Data Act 2025 and its regulations. Charges vary by sector, for example the banking and electricity sectors, with the regulations updated as additional sectors are designated.

Fees are a set values for a specific activity, whereas levies are annual charges based on several factors such as sector and what levy class a participant is.

Together, they fund the operation of the Consumer Data Right (CDR) framework:

• MBIE’s operations function as regulator of CDR
• MBIE’s CDR support function for participants and consumers
• Privacy Commissioner activities related to CDR
• CDR standards development
• Dispute resolution schemes
• Compliance and enforcement activities.

Who pays what

Under the CDR both types of participants pay charges;

• Accredited requestors pay fees and annual levies
• Data holders pay annual levies.

Fees

Fee amounts are set out in the Customer and Product Data (Fees) Regulations 2025. Fees only relate to accreditation and occur when:

• An application for accreditation is made and depending on the accreditation class/es being applied for
• An existing accredited requestor renews their accreditation.

Fees are payable at the time of the activity and are non-refundable. They cover the administrative costs of reviewing and processing applications - regardless of the outcome.

• If an application covers more than 1 class of accreditation, only the highest fee applies. If an application is for multiple types within the same class, the fee is only payable once.

Current fees (GST exclusive):

• Application for accreditation
  • $2,000 – intermediary class
  • $1,500 – non-intermediary class
• Renewal of accreditation
  • $1,700 – intermediary class
  • $1,000 – non-intermediary class

Classifications of accreditation requestors explains more the different types of accreditation.

Customer and Product Data (Fees) Regulations 2025(external link) — New Zealand Legislation

Levies

Levies are charged to all participants and are billed annually via invoices issued by MBIE as the CDR regime operator. Levy classes and amounts are set out in the Customer and Product Data (Levies) Regulations 2025.

If you are both a data holder and an accredited requestor, you will not be invoiced levies for both. Only the higher value will be payable.

Levies for data holders

The Act and the Levies regulations establish data holders as Class 3 for levy purposes. Levies are invoiced in March for the current financial year the March month falls within - i.e. in March 2026, invoices will be sent that are for the period 1 July 2025 through to 30 June 2026.

Levies for data holders in the banking sector

Within the Levy regulations, organisations that are Class 3 and are registered banks are levied based on total assets using the tiered amounts below:

• Total assets exceed $100b: $1,248,700
• Total assets between $20b to $100b: $578,000
• Total assets between $1b to $20b: $192,000
• Total assets up to $1b: $63,400.

The meaning of total assets is provided in the Customer and Product Data (Levies) Regulations 2025. 

Levies for accredited requestors

The Act and the Levies regulations establish accredited requestors as either Class 1 or 2 for levy purposes. Class 1 is accredited requestors on an annual renewal arrangement, and Class 2 is for all others.

• For Class 1, levies are calculated and paid as part of an accredited requestor’s renewal and are for the previous accreditation period.
• For Class 2, levies are calculated in June and are dependent on the individual accredited requestor renewal cycle.

Levies for accredited requestors are based on gross annual revenue.

The meaning of gross annual revenue is provided in the Customer and Product Data (Levies) Regulations 2025. 

Levies for accredited requestors in the banking sector

The annual levy payable for the banking sector is based on gross annual revenue using the tiered amounts below:

• Revenue greater than $100m: $85,000
• Revenue between $10m to $100m: $32,000
• Revenue between $1m to $10m: $10,000
• Revenue up to $1m: $1,300.

Customer and Product Data Act 2025, section 135(external link) — New Zealand Legislation

Customer and Product Data (Levies) Regulations 2025(external link) — New Zealand Legislation