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).

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