Document ID: chunk:federal_register_of_legislation:C2025C00182:section:237
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 237
Character Range: 618782–620447

237  Confidentiality
 (1) The FRC, the AASB, the Office of the AASB, the AUASB and the Office of the AUASB must take all reasonable measures to protect from unauthorised use or disclosure information given to it in confidence.
 (2) For the purposes of subsection (1), the disclosure of information is taken to be authorised if the disclosure:
 (a) is required or permitted by a law of the Commonwealth or a prescribed law of a State or Territory; or
 (b) is made in order to enable an authority or person in a country outside Australia and the external Territories to perform or exercise a function or power that corresponds, or is analogous, to any of the FRC's, the AASB's, the Office of the AASB's, the AUASB's or the Office of the AUASB's functions or powers; or
 (c) is made to bodies that set international accounting standards, international auditing standards or international sustainability standards; or
 (d) is made to ASIC for the purposes of its performance of its functions under the corporations legislation (other than the excluded provisions); or
 (da) is made to a member of a committee convened under Part 2 of Schedule 2 to the Corporations Act for the purposes of the performance of the committee's functions under the corporations legislation; or
 (e) is made to the Disciplinary Board for the purposes of its performance of its functions under the corporations legislation; or
 (ea) is made to APRA for the purposes of its performance of its functions; or
 (f) is made to a professional accounting body for the purposes of its performance of its functions.

Part 14—The Parliamentary Joint Committee on Corporations and Financial Services