<Table> <Tr> <Td> </Td> <Td> This article needs to be updated . Please update this article to reflect recent events or newly available information . (June 2014) </Td> </Tr> </Table> <Tr> <Td> </Td> <Td> This article needs to be updated . Please update this article to reflect recent events or newly available information . (June 2014) </Td> </Tr> <P> The Privacy Act 1988 is an Australian law dealing with privacy . Section 14 of the Act stipulates a number of privacy rights known as the Information Privacy Principles (IPPs). These principles apply to Australian Government and Australian Capital Territory agencies or private sector organisations contracted to these governments, as well as to organisations and small businesses who provide a health service . The principles govern when and how personal information can be collected by these government agencies . Information can only be collected if it is relevant to the agencies' functions . Upon this collection, that law mandates that Australians have the right to know why information about them is being acquired and who will see the information . Those in charge of storing the information have obligations to ensure such information is neither lost nor exploited . An Australian will also have the right to access the information unless this is specifically prohibited by law . </P> <P> The Privacy Act was amended in 2000 to cover the private sector . Schedule 3 of the Privacy Act sets out a significantly different set of privacy principles (the National Privacy Principles) which apply to private sector organisations (including not for profit organisations) with a turnover exceeding three million dollars, other than health service providers or traders in personal information . These principles extend to the transfer of personal information out of Australia . </P>

What is the purpose of privacy act 1988