You must report certain transactions to the Commissioner. If you do a prescribed transaction through a reporting entity, they must tell the Commissioner about it. They have to do this as soon as possible, but no later than 20 working days after the transaction, in accordance with section 48B. You do not have to disclose any privileged communication, as defined in section 42. This means lawyers do not have to share private information. They must follow the rules made under section 154. If you are a reporting entity, you have to report the transaction. You have to do this even if other laws say something different. You must report the transaction in accordance with section 48B.