Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A person specified in the regulations, or a person included in a class of persons specified in the regulations, must give to the Bureau a copy of water markets information of a kind specified in the regulations that is in the person's possession, custody or control (whether held electronically or in any other form).
(2) The copy must be given to the Bureau within the time specified in the regulations.
(3) The water markets information contained in the copy:
(a) must be given in the form or manner specified in the regulations; and
(b) must comply with any applicable Water Markets Data Standards.
(4) A person must not contravene an obligation imposed on the person under this section.
Civil penalty: 100 penalty units.
(5) A person must not, in purported compliance with a requirement under this section, give to the Bureau information that is false or misleading.
Civil penalty: 120 penalty units.
(6) A person does not contravene a requirement of subsection (4) or (5) if, in purportedly complying with the requirement, the person:
(a) acted in good faith; and
(b) exercised a reasonable degree of care and diligence.
(7) A person is not excused from complying with a requirement under this section merely because the water markets information in question is:
(a) of a commercial nature; or
(b) subject to an obligation of confidentiality arising from a commercial relationship; or
(c) commercially sensitive.
(8) To avoid doubt, the information referred to in subsection (1) includes, but is not limited to, personal information within the meaning of the Privacy Act 1988 .