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The fine for violating the law can be up to 4% of your company's global revenue or €20 million, whichever is higher.
Download this template at Lawpath
According to the Office of the Australian Information Commissioner, an Australian company must have a GDPR policy if it:
You should clearly display your company's GDPR policy on your website. It is recommended that you use a popup or checkbox to confirm that users consent to the way you will use their personal data.
GDPR requires users to be able to opt-in to provide consent for the collection of their data. Organisations are directly responsible for their compliance with the legislation and they are required to report data breaches within 72 hours.
The policy should also include how long the organisation will retain the data and how it will decide the time period; that users have the right to withdraw consent or lodge a complaint; whether users are required to provide personal data and the consequences if they do not provide the information.
GDPR policy notices should avoid unnecessary legal jargon and technical terminology that will be difficult for readers to understand easily.
You do not need a lawyer to write a GDPR-compliant policy. However, consulting a data protection lawyer that has specific knowledge of the European legislation can help ensure your company's policy meets the requirements.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Policy notices should avoid using vague qualifiers such as "might," "some," or "often," that create ambiguity and provide loopholes. Sentences should be well structured in the active tense and use bullet points to highlight specific areas.
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