Subdivision A — Transfers to Bank of South Australia Limited
22 Subdivision A — Transfers to Bank of South Australia Limited
.(1) This section applies to an authority (however described) given under the Privacy Act 1988 if:
the authority was given to:
the State Bank of South Australia; or
a designated subsidiary of the State Bank of South Australia; and
the authority authorised the State Bank of South Australia or the designated subsidiary, as the case may be, to disclose, use or receive:
a credit report; or
any other information that has or has had any bearing on an individual’s credit worthiness, credit standing, credit history or credit capacity; and
the authority relates to the affairs of an individual who:
was an eligible customer of the State Bank of South Australia or the designated subsidiary, as the case may be; and
became an eligible customer of Bank of South Australia Limited on a particular day (the “transfer day”) as a result of the operation of a transfer provision.
This Part and the Privacy Act 1988 have effect, on and after the transfer day, as if the authority had been given to, and had so authorised, Bank of South Australia Limited instead of the State Bank of South Australia or the designated subsidiary, as the case requires.
Notifications given by the State Bank of South Australia or a designated subsidiary of the State Bank of South Australia deemed to have been given by Bank of South Australia Limited
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