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CORPORATIONS ACT 2001 - SECT 1678C

Registration of Norfolk Island companies--provision of information

  (1)   For the purposes of ASIC performing functions or duties, or exercising powers, under this Part, or any rules made under section   1678D:

  (a)   the Registrar of Companies under the Norfolk Island Companies Act (the Norfolk Island Registrar ) may disclose to ASIC information (including personal information) obtained for the purposes of that Act; and

  (b)   ASIC may record or use information disclosed under paragraph   (a); and

  (c)   ASIC may disclose to the Norfolk Island Registrar information (including personal information) obtained for the purposes of this Act; and

  (d)   the Norfolk Island Registrar may record or use information disclosed under paragraph   (c).

  (2)   In addition, for the purposes mentioned in subsection   (1):

  (a)   ASIC may, by written notice given to an eligible corporation, request the corporation to provide specified information (including personal information) in relation to the registration of the corporation as a company under Part   5B.1; and

  (b)   the eligible corporation may disclose the requested information to ASIC; and

  (c)   ASIC may record or use information disclosed under paragraph   (b).

Note:   This section constitutes an authorisation for the purposes of the Privacy Act 1988 and other laws (including the common law).


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