In applying to invest, you are providing KBH Group with certain personal details (such as your name and address). KBH Group will use this information to establish and manage that investment for you.
Under the Privacy Act 1988 (Cth), you can access personal information about you held by KBH Group, except in limited circumstances. Please let us know if you think the information is inaccurate, incomplete or out of date. You can also tell KBHGroup at any time not to pass on your personal information by advising KBH Group in writing.
Under various laws and regulatory requirements, KBH Group may have to pass-on certain information to other organisations, such as the Australian Tax Office or the Australian Transaction Reports and Analysis Centre (AUSTRAC).
By applying to invest, you give KBH Group permission to pass information it holds about you to other companies which are involved in helping us administer the Fund, or where they require it for the purposes of compliance with AML/CTF law or in connection with the holding of Application Money. KBH Group may also use your information to provide you with details of future investment offers.
Anti-money laundering law
The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and associated rules and regulations require KBH Group to verify your identity prior to accepting your investment. You will be required to provide the identification information set out in the Application Form. KBH Group will not issue you with Securities unless satisfactory identification documents are provided.
Foreign Account Tax Compliance Act (FATCA)
FATCA is United States (US) tax legislation that enables the US Internal Revenue Service to identify and collect tax from US residents that invest in assets through non-US entities. If you are a US resident for tax purposes, then you should note that the Fund is or is expected to be a ‘Foreign Financial Institution’ under FATCA and it intends to comply with its FATCA obligations, as determined by either the FATCA regulations or any intergovernmental agreement (IGA) entered into by Australia and the US for the purposes of implementing FATCA. Under these obligations, the Fund will have to obtain and disclose information about certain Investors to the Australian Taxation Office (ATO).
In order for the Fund to comply with its obligations, KBH Group will also request that you provide certain information about yourself, including your US Taxpayer Identification Number (TIN), if applicable. KBH Group will only use such information for this purpose if it is required to do so.