Seashift Privacy Policy

This policy has been produced to set out Seashift Properties Pty Ltd and its related entities (”Seashift”) approach to complying with the Privacy Act (Cth)1988 (“Privacy Act”). This policy relates to the collection, storage and use of personal information.

Collection of Information

Seashift operates the following businesses:
• property development;
• investment in and leasing of commercial, residential and industrial property; and
• unlisted property trust where it may make product offerings to potential investors.

Seashift collects personal information in order to carry on the above businesses. The primary purpose of collection of personal information is for entry into a property transaction and communication with our customers and investors.

Collection, maintenance, disclosure of certain personal information is governed by the Privacy Act and other legislation. Personal Information may also be disclosed to other members of Seashift.

Guidelines for Collection of Personal Information

1.   Information to be collected from customers is to be relevant and appropriate for operating the relevant business in Seashift.

2.   Where practical it is Seashift’s policy to collect the information from the individual concerned. Seashift may collect information in particular circumstances about personal preferences to assist Seashift in its marketing initiatives.

3.   From time to time Seashift may employ third party advertising companies who are used to measure the effectiveness of any advertising by monitoring traffic on the website. Any information collected is anonymous and does not identify people.

To Whom is Personal Information Disclosed

This information is not provided to third parties (other than as stated below). Seashift has taken steps to ensure that these third parties cannot use this information for their own purposes and that these parties comply with Seashift’s privacy policy.

Parties to whom Seashift may disclose relevant personal information include:

a.   consultants (including but not limited to solicitors) and agents or
contractors (including but not limited to real estate agents) acting on Seashift’s behalf;
b.   corporate affiliates;
c.   valuers where Seashift is seeking to revalue a property or lease;
d.   regulatory authorities where required by law;
e.   related parties and entities of the Seashift for marketing purposes; and
f.    parties to whom Seashift has outsourced various functions e.g. share registry services, etc.

Maintenance of the Quality of Information

Seashift will take reasonable steps to ensure that the personal information it collects and uses is accurate, complete and up to date. It is Seashift’s policy from time to time to delete or de-identify information about you when it is no longer needed or no longer a legal requirement for the information to be kept.

Security of Information

No employee is able to access information they do not require for the proper discharge of their responsibilities. There are passwords and security access IDs in place to restrict access of confidential and personal information about individuals to those that need it in the carrying on of their positions. Seashift does not sell personal information to companies outside Seashift.

Opting Out/Complaints

Seashift may from time to time send to its customers or investors general marketing material. Upon request, Seashift will remove you from our marketing campaigns. If you wish to opt out please contact Seashift. Where the customer or investor has made a specific request then it is the responsibility of the Seashift to action that request.

If you wish to make a complaint or view what personal information we may hold about you, you should contact Seashift. To ensure the integrity of personal information Seashift may only disclose information if Seashift’s internal procedures are satisfied.

Security

Seashift takes all reasonable security measures to protect personal information from loss, unauthorised access, destruction, misuse, modification or disclosure.

Changes to Seashift’s Privacy Statement

Seashift reserves the right to modify or amend this policy at any time. If you have any further questions about Seashift’s privacy policy please contact Seashift.