The Restructuring Insolvency Turnaround Association of New Zealand (‘RITANZ’, ‘we’, ‘us’ or ‘our’) is committed to protecting and respecting your privacy and will seek to comply with the privacy legislation in New Zealand. This policy does not apply to personal information that is exempted under the Privacy Act 2020 (‘Privacy Act’).
This privacy policy sets out how RITANZ collects and uses personal information and how RITANZ aims to protect the privacy of your personal information.
This policy applies to RITANZ (historically INSOL NZ) and any related entity and the services operated by us.
RITANZ may update this policy from time to time.
The Privacy Act and the information privacy principles contained within the Privacy Act regulate how organisations collect and use personal information.
For the purposes of the Privacy Act, personal information is information about an identifiable individual.
RITANZ collects personal information primarily for the purpose of providing our member services and conducting our business. This may involve collecting personal information from you to comply with our
obligations under various legislation such as the Companies Act 1993, the Insolvency Practitioners Regulation Act 2019, or pursuant to RITANZ Rules or Code of Conduct, and/or the NZICA/Chartered Accountants of Australia and New Zealand Code of Ethics to:
You are not required to provide your personal information to us. However if you choose not to provide personal information to us where requested (or if you choose to provide inaccurate or incomplete information) we may
not be able to provide member services to you.
RITANZ may collect personal information such as an individual’s name, membership category, address, telephone number, email address, personal identification details and statistics, bank account or credit card details, references and employment information.
In circumstances limited to prospective employees of RITANZ will collect sensitive information such as membership of a profession or
trade association, membership of a trade union or seek information regarding a criminal record or credit check. Your photo may also be taken.
Generally, RITANZ will collect this personal information directly from you, for example by requesting that you provide the information when you:
There may be other occasions when we collect personal information about you or from other sources, such as from a publicly maintained record or from an information services provider, for example where we are required to verify your (a) identity and/or (b) bank account information (if a payment is due to you) under Anti-Money Laundering and Countering Financing of Terrorism Act legislation.
We may disclose personal information for the purposes for which it was collected and also:
The types of third parties to which we may disclose personal information include:
Some of the recipients to whom RITANZ may disclose your personal information may be based overseas.
RITANZ will take reasonable steps to protect the personal information we hold about you from misuse and loss and from unauthorised access, modification or disclosure.
Personal information may be held in physical form. Our security measures to protect this information include access-controlled premises.
Personal information may also be stored in electronic form in our information technology systems. The security measures that we employ include restriction on access, firewalls and passwords.
RITANZ has in place data security, information security and other similar security systems. These systems are regularly reviewed to ensure they remain
current and appropriate.
We will retain personal information for as long as we need it to fulfil the purpose for which it was collected and as required by law.
Under the Privacy Act, you have a right to access or change your personal information that is collected and held by RITANZ.
If you would like to access or change the personal information RITANZ holds about you, you can contact RITANZ and request the relevant change or access. In the first instance, you should contact your RITANZ contact if you have one. Otherwise, please contact our Privacy Officer, whose details are set out below.
To action any change or access request, we will need to verify your identity and comply with our other procedures which are in place to prevent unauthorised access to personal information.
RITANZ will not normally charge you any fees or costs for access to your personal information. Fees or costs may apply if providing you with access would require us to incur retrieval or other out of pocket costs. We will notify you if any such fees or costs would be payable.
If you believe that RITANZ has contravened the Privacy Act or have any other privacy complaint regarding RITANZ, you can make a complaint by contacting our Privacy Officer as below.
RITANZ will seek to resolve any privacy complaints and will deal with privacy complaints as quickly as possible and in a respectful and confidential manner.
RITANZ will investigate any privacy complaint you make and will inform you of the outcome of your complaint following the completion of the investigation.
In the event you are dissatisfied with the outcome of your complaint, you may refer the complaint to the Office of the Privacy Commissioner.
For further information or enquiries regarding your personal information, please contact the Privacy Officer, Kare Johnstone at privacy@ritanz.co.nz.
This Privacy Policy was last updated on, and is effective from April 2024.