Use of information on registers
233 Use of information on registers
A person must not —
use information about a person obtained from a register kept under this Division to contact or send material to the person; or
disclose information of that kind knowing that the information is likely to be used to contact or send material to the person,
unless that use or disclosure of the information is —
relevant to the holding of the directorship, membership, shares, loans, securities, debentures, CCUs or deposits concerned or the exercise of the rights attaching to them; or
approved by the board; or
necessary to comply with a requirement of this Act.
A person who contravenes subsection (1) is liable to compensate anyone else who suffers loss or damage because of the contravention.
A person who makes a profit from a contravention of subsection (1) owes a debt to the co‑operative.
The amount of the debt is the amount of the profit.
The use or disclosure of information referred to in subsection (1)(a) or (b) in the circumstances referred to in subsection (1)(c), (d) or (e) is authorised by this Act.
[Section 233 amended: No. 7 of 2016 s. 75.]
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