(1) The Regulator may remove information contained in a payment times report from the register if the Regulator considers that continuing to make the information publicly available would be contrary to the public interest.
(2) In making a decision under subsection (1), the Regulator may have regard to:
(a) whether the information is personal information (within the meaning of the Privacy Act 1988 ); and
(b) whether the information is commercial - in - confidence; and
(c) any other matters prescribed by the rules; and
(d) any other matters the Regulator considers relevant.
(3) Information is commercial - in - confidence if the Regulator is satisfied that:
(a) further release of the information would cause competitive detriment to a constitutionally covered entity; and
(b) removing the information from the register is likely to be effective in removing the information from the public domain; and
(c) the information is not required to be disclosed under another Australian law; and
(d) removing the information from the register is likely to be effective in preventing the information from being readily discoverable.