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Reserve Bank of New Zealand Act 2021

Miscellaneous provisions - Information sharing

283: Conditions that may be imposed on providing information under this subpart

You could also call this:

"Rules for sharing information from the Reserve Bank"

Illustration for Reserve Bank of New Zealand Act 2021

When you get information under this part of the law, the Reserve Bank of New Zealand can add conditions. You need to know the Bank thinks about whether conditions are necessary to protect someone's privacy. The Bank can add conditions about keeping information secret, especially personal information as defined in the Privacy Act 2020. The Bank can also add conditions about storing or using the information. They can say what happens to copies of documents they provide. You might have to pay for the costs of getting the information. The Bank decides what conditions to add when giving you information. They think about what is necessary to keep your information safe. This helps protect your privacy and the privacy of others.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS325107.

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Topics:
Money and consumer rights > Banking and loansRights and equality > Privacy
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282: Sharing of information with certain law enforcement or regulatory agencies, or

"The Reserve Bank can share information with police or organisations that keep our financial system safe."

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284: Restriction on publication, disclosure, or use, or

"Rules for sharing secret information with the Reserve Bank of New Zealand"

Part 6Miscellaneous provisions
Information sharing

283Conditions that may be imposed on providing information under this subpart

  1. The Bank may impose any conditions in relation to providing information under this subpart.

  2. The Bank must, in considering what conditions to impose, have regard to whether conditions are necessary or desirable in order to protect the privacy of any individual.

  3. The conditions may include, without limitation, conditions relating to—

  4. maintaining the confidentiality of anything provided (in particular, information that is personal information within the meaning of the Privacy Act 2020):
    1. the storing of, the use of, or access to anything provided:
      1. the copying, returning, or disposing of copies of documents provided:
        1. payment of the costs incurred by the Bank in providing any information under this subpart.