I'm pretty sure it wouldn't violate the Act if done properly. I can only use my card to top up my Northern sim card a few times per month. Any more and O2 steps in to say it's not allowed-it doesn't even get as far as authorisation with the bank. If it doesn't vioate the British Act, then it probably doesn't violate ours - we usually copy their acts. As long as Veolia were clear in their T&Cs what data they were storing and why, I can't see why there should be a problem. Saying that, I haven't read that Act and have to defer to TJ Stamp
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