Industry Legislation , Regulation and Codes of Practice Question 2.1 In your role as a Payroll Officer many different pieces of legislation, regulations and codes of practice apply. Briefly describe the following: ' The Privacy Act ' The NationalCreditCode ' Corporations Act [Chapter ?] ' Accounting Standards ' FinancialTransactions Reports Act In your answer briefly describe of how each piece of legislation applies to your role as a Payroll Officer. Question 2.2 a. In your answer to Question 2.1 you identified legislation relevant to your role. Reflect on your current role, outline how the knowledge of this legislation will affect the way you perform your current role moving forward. % b. Consider the Privacy Act and the Privacy Principles. How would you use accounting and payroll software to keep em ployee and customer information secure? %