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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 121 Authorisation of disclosures etc. of protected information for the purposes of this Act

FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 121

Authorisation of disclosures etc. of protected information for the purposes of this Act

  (1)   A person may make a record of, disclose or otherwise use protected information if:

  (a)   the person makes the record, or discloses or uses the information, in performing the person's functions or duties, or exercising the person's powers, under this Act; and

  (b)   in relation to a disclosure--the information is disclosed to a person who is:

  (i)   a Minister, an officer or an employee of the Commonwealth, a State, the Australian Capital Territory or the Northern Territory; or

  (ii)   an officer or employee of a Commonwealth, State or Territory body; or

  (iii)   a person appointed by the Commonwealth for the purposes of this Act.

  (2)   A person may make a record of, disclose or otherwise use protected information if:

  (a)   the person obtains the information under subsection   (1) or this subsection; and

  (b)   the person makes the record of, discloses or otherwise uses the information for the purposes for which the information was disclosed to the person; and

  (c)   in relation to a disclosure by the person--the information is disclosed to a person who is:

  (i)   a Minister, an officer or an employee of the Commonwealth, a State, the Australian Capital Territory or the Northern Territory; or

  (ii)   an officer or employee of a Commonwealth, State or Territory body; or

  (iii)   a person appointed by the Commonwealth for the purposes of this Act.