Definitions
5 Definitions
In this Act:
ASIC means the Australian Securities and Investments Commission.
Australian business law means a law of the Commonwealth, or of a State or Territory, that is a law that regulates, or relates to the regulation of, business or persons engaged in business.
Commonwealth body means:
an Agency (within the meaning of the Public Service Act 1999); or
a body, whether incorporated or not, established for a public purpose by or under a law of the Commonwealth; or
a person:
holding or performing the duties of an office established by or under a law of the Commonwealth; or
holding an appointment made under a law of the Commonwealth.
data standards means standards made by the Registrar under section 13.
designated secrecy provision has the meaning given by subsection 18(3).
disclosure framework means the disclosure framework made by the Registrar under section 16.
excluded law means:
the Corporations legislation (within the meaning of the Corporations Act 2001); or
the Commonwealth credit legislation (within the meaning of the National Consumer Credit Protection Act 2009); or
the Business Names Registration Act 2011 and the Business Names Registration (Transitional and Consequential Provisions) Act 2011; or
any other law of the Commonwealth in respect of which the Commonwealth Parliament has been referred matters:
by the Parliament or Parliaments of any State or States for the purposes of paragraph 51(xxxvii) of the Constitution; and
to the extent of the making of laws with respect to those matters by making express amendments of that other law.
government entity has the meaning given by section 41 of the A New Tax System (Australian Business Number) Act 1999.
official employment means:
appointment or employment by the Commonwealth, or the performance of services for the Commonwealth; or
the exercise of powers or performance of functions under a delegation by the Registrar.
protected information means information:
obtained by a person in the course of the person’s official employment; and
disclosed to the person or another person, or obtained by the person or another person:
under, or in relation to, this Act; or
under another law of the Commonwealth in connection with particular functions or powers of the Registrar.
Registrar means a Commonwealth body appointed under section 6.
rules means the rules made under section 25.
secrecy provision has the meaning given by subsection 18(2).
staff member, of ASIC, has the same meaning as in the Australian Securities and Investments Commission Act 2001.
taxation law has the same meaning as in the Income Tax Assessment Act 1997.
This Act’s bill:Explanatory memorandumSecond reading speech
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