Mandatory Data Breach Reporting Bill tabled
The Privacy Amendment (Privacy Alerts) Bill 2013 has been tabled in the Federal parliament.
If passed, the Bill will: introduce an obligation on entities bound to comply with the Australian Privacy Principles to provide a notification to the Privacy Commissioner and any affected individuals when the entity reasonably believes that a ‘serious data breach’ has occurred; and commence on 12 March 2014 (the same date as the other amendments to the Privacy Act will take effect)…
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Principals and contractors need to be aware that in not registering security interests under the PPSA 2009, they may risk serious consequences.
The New Companies Ordinance (NCO) will come into effect on 3 March 2014. It includes changes that affect the way documents may be executed.
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