Collecting, generating or recording water markets information
135H Collecting, generating or recording water markets information
A person specified in the regulations, or a person included in a class of persons specified in the regulations, must collect, generate or record water markets information that is of a kind specified in the regulations.
A person, or a person included in a class of persons, who is required by the regulations to collect, generate or record water markets information must:
record the water markets information electronically, unless the regulations provide otherwise; and
collect, generate or record the water markets information in accordance with any applicable Water Markets Data Standards.
A person must not fail to comply with a requirement under this section.
Civil penalty: 100 penalty units.
A person does not contravene subsection (3) if, in purportedly complying with a requirement under this section, the person:
acted in good faith; and
exercised a reasonable degree of care and diligence.
A person is not excused from complying with a requirement under this section merely because the water markets information in question is:
of a commercial nature; or
subject to an obligation of confidentiality arising from a commercial relationship; or
commercially sensitive.
To avoid doubt, the information referred to in subsection (1) includes, but is not limited to, personal information within the meaning of the Privacy Act 1988.
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