Privacy Amendment (Regional Investment Corporation) Regulations 2023

I, General the Honourable David Hurley AC DSC (Retd), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 25 May 2023

David Hurley

Governor‑General

By His Excellency’s Command

Mark Dreyfus KC

Attorney‑General

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Amendments

Privacy Regulation 2013

1  Name

  This instrument is the Privacy Amendment (Regional Investment Corporation) Regulations 2023.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under the Privacy Act 1988.

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Privacy Regulation 2013

1  At the end of subsection 10(1)

Add:

 ; (c) the Regional Investment Corporation.

2  Section 13AA

Repeal the section, substitute:

13AA  Use or disclosure of credit reporting information

  For the purposes of paragraph 20E(4)(a) of the Act, the following credit providers are prescribed:

 (a) Indigenous Business Australia;

 (b) the Regional Investment Corporation.

3  Section 14

Repeal the section, substitute:

14  Permitted disclosure of credit information to a credit reporting body

 (1) For the purposes of subparagraph 21D(2)(a)(i) of the Act, the following credit providers are prescribed:

 (a) Indigenous Business Australia;

 (b) if the Regional Investment Corporation is not a member of, or subject to, a recognised external dispute resolution scheme—the Regional Investment Corporation.

 (2) For the purposes of subparagraph 21D(3)(c)(i) of the Act, the following credit providers are prescribed:

 (a) Indigenous Business Australia;

 (b) the Regional Investment Corporation.