Document ID: chunk:federal_register_of_legislation:C2004A04745:body:0:p10
Version: federal_register_of_legislation:C2004A04745
Segment Type: other
Provision Reference: 
Character Range: 23866–26644

disclosed to Bank of South Australia Limited; and

    (c) the report or information relates to the affairs of an eligible customer of the State Bank of South Australia or of the designated subsidiary, as the case may be; and

    (d) an account of the eligible customer is being managed by Bank of South Australia Limited as agent for the State Bank of South Australia or the designated subsidiary, as the case may be; and

    (e) the report or information is disclosed for the purposes of facilitating the management of the account.

  (2) The disclosure does not breach:

  (a) the Privacy Act 1988; or

  (b) the Code of Conduct.

Subdivision D—Dissolution of designated subsidiaries of the State Bank of South Australia

Disclosure of information where a designated subsidiary of the State Bank of South Australia is about to be dissolved

  21.(1) This section applies if:

    (a) a designated subsidiary of the State Bank of South Australia is proposed to be dissolved under subsection 23(1) of the State Bank (Corporatisation) Act 1994 of South Australia; and

    (b) as a result of the dissolution, an account with the designated subsidiary will be vested in the State Bank of South Australia under subsection 23(2) of that Act.

(2) In applying paragraph 18N(1)(d) of the Privacy Act 1988 to a disclosure that is relevant to that account, the designated subsidiary is taken to be related to the State Bank of South Australia.

Division 4—Authorities and notifications

Subdivision A—Transfers to Bank of South Australia Limited

Authorities relating to the State Bank of South Australia or a designated subsidiary of the State Bank of South Australia deemed to relate to Bank of South Australia Limited

22.(1) This section applies to an authority (however described) given under the Privacy Act 1988 if:

  (a) the authority was given to:

        (i) the State Bank of South Australia; or

        (ii) a designated subsidiary of the State Bank of South Australia; and

     (b) the authority authorised the State Bank of South Australia or the designated subsidiary, as the case may be, to disclose, use or receive:

        (i) a credit report; or

        (ii) any other information that has or has had any bearing on an individual's credit worthiness, credit standing, credit history or credit capacity; and

  (c) the authority relates to the affairs of an individual who:

        (i) was an eligible customer of the State Bank of South Australia or the designated subsidiary, as the case may be; and

        (ii) became an eligible customer of Bank of South Australia Limited on a particular day (the "transfer day") as a result of the operation of a transfer provision.

(2) This Part and the Privacy Act 1988 have effect, on and after the transfer day,