The Department of the Treasury (the department) administers the Payment Times Reporting Scheme. The department designates a Regulator for the scheme who is supported by departmental staff. The department (including the Regulator) is bound by the Australian Privacy Principles (the APPs) outlined in Schedule 1 of the Privacy Act 1988 (Cth), which regulates how we may collect, use, disclose and store personal information.
The department administers the Payment Times Reporting Scheme consistent with the department’s Privacy Policy. Personal information provided by reporting entities is handled by the Regulator and other departmental staff according to this policy. In receiving Payment Times Reports (reports) departmental staff collect personal information from you and others in your entity, including the names and positions of relevant personnel as well as email addresses and other contact details. This personal information is required to be collected under the Payment Times Reporting Act 2020 (the Act) and is collected to support the submission of reports in compliance with the Act and to support monitoring and enforcement of the Payment Times Reporting Scheme. If the department does not collect the required personal information, your entity will not be able to comply with its obligations under the Act.
Reports are published on a Payment Times Reports Register (the Register). The Regulator may decide, under section 20 of the Act, that the following personal information included in these reports will not be published:
- Contact details of individuals giving and approving the reports; and
- Personal information relating to individuals who are not employees, representatives, agents or officeholders of a reporting entity.
However, you should assume that any other personal information included in a report will be published on the Register.
Your personal information will be accessed by departmental staff who are involved in the administration of the Payment Times Reporting Scheme. It may also be accessed by the department’s contracted ICT service providers, who are subject to privacy and confidentiality obligations.
Your personal information will be handled in accordance with the protections in the Act and the Privacy Act 1988 (Cth). Treasury does not intend to disclose personal information to any overseas recipient.
Personal information will be securely stored and held in accordance with the department's obligations under the Archives Act 1983 (Cth) and the Privacy Act 1988 (Cth).
For further information, please refer to the department's Privacy Policy that contains information about how you can access personal information that the department holds about you, seek correction of that personal information, and about how you may make a complaint about a breach of the APPs (or a registered APP code), and how the department will deal with such a complaint.