This section contains information on what details can and cannot be released to persons who are involved in private trusts and private companies.
The information held on private trust and private company files and computer records is subject to the same confidentially and privacy conditions as all other client information. However, due to the nature of the records held for private trusts and private companies extra care is necessary when accessing these records as they contain information about a number of people, some of whom are in receipt of a pension or benefit from DVA and some of whom are not.
Examples of information that can be disclosed are:
Examples of information that cannot be disclosed are:
Special care is also required when printing any computer records for distribution to a pensioner. The print outs must be examined to ensure any information that is not relevant to the pensioner is deleted.
The following table outlines the information that can and cannot be disclosed to individuals who may be making enquiries about a particular private trust or private company.
Information |
Individuals to whom information cannot be released |
Individuals to whom information can be released |
All income and asset details of the organisation |
|
|
Personal details and their own income and asset details of the organisation |
not applicable |
|
Personal details of others |
|
not applicable |
Release of identity of pensioners |
|
not applicable |
Release of identity of controller/s |
|
|
Release of identity of trustee(s) |
not applicable |
|
Release of name of beneficiaries |
|
|
Names of shareholders |
not applicable |
|
Identify nominated contact person |
not applicable |
|
Release of pensioner or organisation TFN |
|
not applicable |
*This information is already available to the general public through other sources eg for trusts it is available on the Trust Deed and for companies it is available through the Australian Securities and Investments Commission (ASIC).
Links
[1] https://clik.dva.gov.au/user/login?destination=node/16326%23comment-form