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Financial Reporting Act 2013

External Reporting Board, standards, and provisions that apply to other enactments - Standards - Provisions relating to making of and status of standards and authoritative notices

23: Disclosure required to comply with standards does not breach information privacy principles

You could also call this:

"Sharing personal info to follow rules doesn't break privacy laws"

Illustration for Financial Reporting Act 2013

If you disclose personal information to comply with a standard or an authoritative notice, you are not breaking information privacy principles 10, 11, or 12 set out in section 22 of the Privacy Act 2020. This means you can share personal information if you need to follow a standard or notice. You can find these principles in the Privacy Act 2020.

However, this rule does not apply to standards that were issued or approved before the Financial Reporting Amendment Act 2001 started. This means that older standards have different rules.

You need to follow the rules that apply to the specific standard or notice you are working with.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4632925.

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22: Consultation, or

"Talking to people before making new rules"

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24: Public notice, or

"Public notice: a law that was removed from the Financial Reporting Act 2013"

Part 2External Reporting Board, standards, and provisions that apply to other enactments
Standards: Provisions relating to making of and status of standards and authoritative notices

23Disclosure required to comply with standards does not breach information privacy principles

  1. The disclosure of personal information is not a breach of information privacy principle 10, 11, or 12 set out in section 22 of the Privacy Act 2020 if the disclosure is required for compliance with a standard or an authoritative notice.

  2. Subsection (1) does not apply to standards issued or approved before the commencement of the Financial Reporting Amendment Act 2001.

Notes
  • Section 23: replaced, on , by section 217 of the Privacy Act 2020 (2020 No 31).