Anyone applying for accounts with Cooperative Purchasing Services Ltd (CPS) must acknowledge that they have received and been given the opportunity to read this Statement. By acknowledging receipt of this Statement you agree to the terms set out below.
This Statement explains how we collect, use and disclose personal information, which is information about and that identifies individuals. We won’t use or disclose personal information about you other than for a purpose set out in this Statement, a purpose you would reasonably expect, a purpose required or authorised by law, or a purpose disclosed to, or authorised by, you. Purpose for collecting and using personal information.
We may collect, hold and use personal information about you that is provided to us in order to:
A) Assess and process an for credit for a company of which you claim to be a Director or Office Bearer of;
B) Comply with the law, including verifying your identity as required by the Corporations Act and Anti Money Laundering
& Counter Terrorism Financing Act;
C) Administrate, such as accounting, risk management, record keeping, archiving, systems development, credit
scoring and staff training;
D) Manage our rights and obligations in relation to external payment systems; and
E) Conduct market or customer satisfaction research.
Disclosure of personal information.
You agree that we may collect personal information about you from, and disclose it to, the
following, as appropriate:
- credit reporting agencies and other reporting institutions;
- our agents, contractors and advisers who we engage to carry out, or advise on, our functions and activities;
- debt collecting agencies;
- external payment systems operators;
Personal information about third parties – You represent that if you supply us with personal information about another person you are authorised to do so and you agree to inform that person who we are, that we use and disclose their personal information for the purposes set out above, and that they can gain access to that information.