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PolicyCustomer Transfer and Reconciliation Code 27 February 2024 Version 5.0Document NumberID1574Document OwnerCommercial Managed Date for Review27/02/2026Department Review Required by: CEO Finance Engineering
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A privacy collection statement is designed to inform individuals about the types of personal information that are being collected, the purpose of the collection, how the information will be used, and the rights of the individuals regarding their information.
Organizations and entities that collect personal information from individuals, particularly in contexts governed by privacy laws and regulations, are required to file a privacy collection statement.
To fill out a privacy collection statement, you need to provide details about the types of personal information being collected, the purpose of collection, how the information will be used, any third parties involved, and inform individuals about their rights regarding the data.
The purpose of a privacy collection statement is to ensure transparency and accountability in the handling of personal information, helping individuals understand how their data is being utilized and their rights surrounding that data.
The information that must be reported includes the type of personal information being collected, the purpose of collection, how the information will be used, any third-party disclosures, and individuals' rights to access and correct their information.
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