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Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 5 May 2021
  6. Current session: 12 May 2021 to 17 June 2025
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Displaying 837 contributions

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SPCB Supported Bodies Landscape Review Committee

SPCB Supported Bodies Landscape Review

Meeting date: 30 January 2025

Lorna Slater

Yes—please cover that.

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 29 January 2025

Lorna Slater

I have several questions, so I will put them into two clumps. I am asking questions about the rules in the new regulations on the making up and keeping of the registers. With no requirement for verification or update of the registers, how can accuracy be assured and fraud be prevented? How are out-of-date entries removed, for example when a debt has been paid or a pledge has been sold, and how are the registers updated if a pledge is transferred to a different creditor?

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 29 January 2025

Lorna Slater

It was about keeping the registers up to date in terms of when entries should be removed because a pledge has been sold or a debt has been repaid.

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 29 January 2025

Lorna Slater

So, there is no fee incurred for keeping a register up to date.

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 29 January 2025

Lorna Slater

It is on the creditors and the debtors, as it were—the person who has made the pledge—to keep track of it. Is that correct?

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 29 January 2025

Lorna Slater

Do we not have any concerns about the fact that a debtor’s information is publicly available in that way? In fact, if I understand correctly, that is the point of having the registers.

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 29 January 2025

Lorna Slater

Uploads are checked, but if I find out that my information is in a scanned document or something else that got through the check, is there a method by which I can request that that information be corrected or redacted, given that I am not one of the two parties that can do the corrections?

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 29 January 2025

Lorna Slater

We have talked a little bit about information accuracy for the creditor and the debtor. My question is about third parties. Other documents might have been uploaded as evidence for the asset that is being pledged—for example, invoices, which might include customer or individual information. On the point about customer databases being proof of the value of the asset, how does personal information get redacted from that supporting information? It is not about the creditor or the debtor, but the fact that you have all those customers is evidence of the asset. How is the privacy around that information assured, and how can that information be appropriately redacted?

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 29 January 2025

Lorna Slater

Thank you.

Economy and Fair Work Committee

Subordinate Legislation

Meeting date: 29 January 2025

Lorna Slater

Is there a reason why it could not make it mandatory to keep the register up to date?