Print-friendly versionAs noted at 7.6, Information Standard No.42 also applies to statutory Government Owned Corporations (GOCs) and their subsidiaries where the shareholding Minister has given notification pursuant to s. 123 of the Government Owned Corporations Act 1993 .
In addition, company GOCs are within the ambit of the national privacy principles governing the private sector, under the Privacy Act 1988 (Cth). These provisions come into force for the private sector in December 2001. There is provision in the Privacy Act 1998 for company GOCs to opt out of the federal scheme in certain circumstances.