Document ID: chunk:federal_register_of_legislation:C2024A00121:section:133
Version: federal_register_of_legislation:C2024A00121
Segment Type: section
Provision Reference: s 133
Character Range: 157554–158392

133  Secrecy—protected audit information
 (1) If:
 (a) a person is, or has been, an audit team leader or a person assisting an audit team leader; and
 (b) the person has obtained protected audit information:
the person must not:
 (c) disclose the information to another person; or
 (d) use the information.
Civil penalty: 120 penalty units.
 (2) Each of the following is an exception to the prohibition in subsection (1):
 (a) the disclosure or use is authorised by a provision of this Act;
 (b) the disclosure or use is authorised or required by:
 (i) a law of the Commonwealth; or
 (ii) a law of a State or a Territory prescribed by the rules.
Note: A defendant bears an evidential burden in relation to the matter in this subsection (see section 96 of the Regulatory Powers Act).

Subdivision C—Disclosure or use of audit information