Foreign Acquisitions and Takeovers Act 1975

PART 7 - ADMINISTRATIVE PROVISIONS  

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History

Pt 7 heading substituted by No 114 of 2020, s 3, Sch 1[193] (effective 1 January 2021).

For application and transitional provisions by No 114 of 2020, Sch 1 items 227 to 250, see Transitional Information under this Act.

Pt 7 inserted by No 150 of 2015, s 3, Sch 1[4] (effective 1 December 2015).

For application and transitional provisions by No 150 of 2015, Sch 3, see Transitional Information under this Act.

Division 3 - Confidentiality of information  

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History

Div 3 inserted by No 150 of 2015, s 3, Sch 1[4] (effective 1 December 2015).

For application and transitional provisions by No 150 of 2015, Sch 3, see Transitional Information under this Act.

SECTION 126   AUTHORISATION OF DISCLOSURES WHERE CONSENT OR TO PERSON WHO GAVE INFORMATION OR RELATED ENTITY  

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Person to whom information relates consents

126(1)    
A person may make a record of, or disclose or otherwise use, protected information if the person to whom the information relates gives written consent.

Person who provided information

126(2)    
A person may disclose protected information if the disclosure is to:

(a) the person, or an agent of the person, who provided the information under, in accordance with or for the purposes of this Act; or

(b) an entity that is a member of the same wholly-owned group (within the meaning of the Income Tax Assessment Act 1997 ) as the person mentioned in paragraph (a).

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History

S 126 inserted by No 150 of 2015, s 3, Sch 1[4] (effective 1 December 2015).

For application and transitional provisions by No 150 of 2015, Sch 3, see Transitional Information under this Act.

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