Disclosure of business information
71 Disclosure of business information
A person must not disclose any business information obtained in connection with the administration or execution of this Act unless that disclosure is made—
with the consent of the person from whom the information was obtained, or
in connection with the administration or execution of this Act, or
for the purposes of any legal proceedings arising out of this Act or of any report of any such proceedings, or
in accordance with a requirement imposed under the Ombudsman Act 1974, or
with other lawful excuse.
Maximum penalty—200 penalty units.
In this section business information means—
trade secrets, or
information (other than trade secrets) that is of commercial value, or
information concerning the business or financial affairs of the person from whom the information is obtained.
This Act’s bill:Explanatory memorandumSecond reading speech
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