Subdivision C — Management of accounts by Bank of South Australia Limited
20 Subdivision C — Management of accounts by Bank of South Australia Limited
.(1) This section applies to the disclosure of a report (within the meaning of subsection 18N(9) of the Privacy Act 1988) or any personal information derived from such a report if:
the disclosure is by:
the State Bank of South Australia; or
a designated subsidiary of the State Bank of South Australia; or
an agent of a body covered by subparagraph (i) or (ii); and
the report or information is disclosed to Bank of South Australia Limited; and
the report or information relates to the affairs of an eligible customer of the State Bank of South Australia or of the designated subsidiary, as the case may be; and
an account of the eligible customer is being managed by Bank of South Australia Limited as agent for the State Bank of South Australia or the designated subsidiary, as the case may be; and
the report or information is disclosed for the purposes of facilitating the management of the account.
The disclosure does not breach:
the Privacy Act 1988; or
the Code of Conduct.
Subdivision D—Dissolution of designated subsidiaries of the State Bank of South Australia
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