Privacy Amendment (Enhancing Privacy Protection) Act 2012 (197 of 2012)

Schedule 4   Other amendments of the Privacy Act 1988

40   After subsection 12B(5)

Insert:

(5A) This Act also has the effect it would have if its operation in relation to regulated entities were expressly confined to acts or practices engaged in by regulated entities in the course of:

(a) banking (other than State banking not extending beyond the limits of the State concerned); or

(b) insurance (other than State insurance not extending beyond the limits of the State concerned).