Commonwealth Consolidated Acts

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PAYMENT TIMES REPORTING ACT 2020 - SECT 20

Regulator may remove certain information

  (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.



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