Payment Times Reporting Act 2020
The Regulator may remove information contained in a payment times report from the register if the Regulator considers that continuing to make the information publicly available would be contrary to the public interest.
20(2)
In making a decision under subsection (1) , the Regulator may have regard to: (a) whether the information is personal information (within the meaning of the Privacy Act 1988 ); and (b) whether the information is commercial-in-confidence; and (c) any other matters prescribed by the rules; and (d) any other matters the Regulator considers relevant.
20(3)
Information is commercial-in-confidence if the Regulator is satisfied that: (a) further release of the information would cause competitive detriment to a constitutionally covered entity; and (b) removing the information from the register is likely to be effective in removing the information from the public domain; and (c) the information is not required to be disclosed under another Australian law; and (d) removing the information from the register is likely to be effective in preventing the information from being readily discoverable.
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