Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.51 - TRANSITIONAL PROVISIONS RELATING TO THE TERRITORIES LEGISLATION AMENDMENT ACT 2020  

SECTION 1678C   REGISTRATION OF NORFOLK ISLAND COMPANIES - PROVISION OF INFORMATION  

1678C(1)    
For the purposes of ASIC performing functions or duties, or exercising powers, under this Part, or any rules made under section 1678D :

(a)    the Registrar of Companies under the Norfolk Island Companies Act (the Norfolk Island Registrar ) may disclose to ASIC information (including personal information) obtained for the purposes of that Act; and

(b)    ASIC may record or use information disclosed under paragraph (a); and

(c)    ASIC may disclose to the Norfolk Island Registrar information (including personal information) obtained for the purposes of this Act; and

(d)    the Norfolk Island Registrar may record or use information disclosed under paragraph (c).

1678C(2)    
In addition, for the purposes mentioned in subsection (1):

(a)    ASIC may, by written notice given to an eligible corporation, request the corporation to provide specified information (including personal information) in relation to the registration of the corporation as a company under Part 5B.1 ; and

(b)    the eligible corporation may disclose the requested information to ASIC; and

(c)    ASIC may record or use information disclosed under paragraph (b).

Note: This section constitutes an authorisation for the purposes of the Privacy Act 1988 and other laws (including the common law).