Document ID: chunk:federal_register_of_legislation:C2024C00557:section:135h
Version: federal_register_of_legislation:C2024C00557
Segment Type: section
Provision Reference: s 135H
Character Range: 384807–386318

135H  Collecting, generating or recording water markets information
 (1) A person specified in the regulations, or a person included in a class of persons specified in the regulations, must collect, generate or record water markets information that is of a kind specified in the regulations.
 (2) A person, or a person included in a class of persons, who is required by the regulations to collect, generate or record water markets information must:
 (a) record the water markets information electronically, unless the regulations provide otherwise; and
 (b) collect, generate or record the water markets information in accordance with any applicable Water Markets Data Standards.
 (3) A person must not fail to comply with a requirement under this section.
Civil penalty: 100 penalty units.
 (4) A person does not contravene subsection (3) if, in purportedly complying with a requirement under this section, the person:
 (a) acted in good faith; and
 (b) exercised a reasonable degree of care and diligence.
 (5) A person is not excused from complying with a requirement under this section merely because the water markets information in question is:
 (a) of a commercial nature; or
 (b) subject to an obligation of confidentiality arising from a commercial relationship; or
 (c) commercially sensitive.
 (6) To avoid doubt, the information referred to in subsection (1) includes, but is not limited to, personal information within the meaning of the Privacy Act 1988.

Division 5—Water Markets Data Standards