Common use of Privacy and Confidentiality Clause in Contracts

Privacy and Confidentiality. 17.1 You acknowledge that by opening an account with us and providing us with order instructions of buying or selling financial products, you will be providing us with personal information within the meaning of the Privacy Xxx 0000. You consent to us processing all such information for the purposes of performing the contract and administering the relationship between you and us. You acknowledge and agree that this may result in your personal information being sent outside Australia. You consent to our processing and disclosing such information in accordance with this Agreement and our Privacy Policy as published on our website, as may be updated from time to time. In the event that you disclose your Tax File Number (TFN) to us, we will comply with the Applicable Regulations in the handling, storage and treatment of that TFN. 17.2 Confidential information includes but not limited to information about your business including any operations, processes, products and technology, affairs, trading, transactions, customers, suppliers, but excludes information which: a) is or becomes public knowledge other than as a result of any breach of this Agreement or Admiral’s Privacy Policy; b) is lawfully within our possession before receiving such information from you;