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COMMONWEALTHAct
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s 49

Notices telling investors about proposed transfer of eligible tax file number information and inviting objections

In force

49 Notices telling investors about proposed transfer of eligible tax file number information and inviting objections

. Bank of South Australia Limited may send an investor a notice, in a form approved by the Commissioner, that:

(a)

states that Bank of South Australia Limited proposes to disclose specified kinds of eligible tax file number information to the State Bank of South Australia or to a designated subsidiary of the State Bank of South Australia; and

(b)

states that the investor may give Bank of South Australia Limited a written objection within 21 days after:

(i)

if the notice is sent by post—the day on which the notice is posted; or

(ii)

if the notice is sent by being delivered to the investor personally—the day of delivery; or

(iii)

if the notice is sent by being left at a particular place or address—the day on which the notice is left at that place or address; and

(c)

states that if the investor lodges such an objection, the information will not be disclosed to the State Bank of South Australia, or to the designated subsidiary, as the case requires; and

(d)

contains such additional information as is required by the form.

Note:

Section 28A of the Acts Interpretation Act 1901 sets out the methods of sending notices.

Consequences of disclosure of eligible tax file number information to the State Bank of South Australia or to a designated subsidiary of the State Bank of South Australia

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