Privacy Policy

At Mahoneys, your privacy is our priority. This Privacy Policy outlines how we collect, use, and protect your information when you interact with MahoneysAIM.

1. When does this policy apply?

1.1 Mahoneys (“we,” “us,” or “our”) is pleased to offer you MahoneysAIM, a completely free service that enables you to:

(a) conveniently and efficiently tell us about your business sale or purchase (Your Transaction), so that we may prepare transaction documents for you; and
(b) ask questions about the business sale or purchase process and obtain information quickly that can help you plan Your Transaction (with the help of human lawyers, accountants, and advisers).

1.2 When you use MahoneysAIM, we will handle, store, and delete any personal information you provide to MahoneysAIM in accordance with:

(a) our general privacy policy available here: https://www.mahoneys.com.au/privacy-policy/; and
(b) the additional terms set out in this MahoneysAIM Privacy Policy,
(collectively, our Privacy Terms).

1.3 To the extent of any inconsistency between our general privacy policy and this MahoneysAIM Privacy Policy, this MahoneysAIM Privacy Policy prevails.

1.4 You must not use MahoneysAIM unless you agree to the Privacy Terms.

2. What personal information do we collect?

2.1 You may provide input to MahoneysAIM (Input), and receive output from MahoneysAIM based on the Input (Output). Input and Output are collectively referred to as "Content."

2.2 Input may include:

(a) your name, email address, and phone number, which we obtain when you register to use MahoneysAIM;
(b) any information you upload to MahoneysAIM, including information about your business transaction or personal circumstances; and
(c) information that your browser or device automatically sends when you use MahoneysAIM.

2.3 You consent to us and the Service Provider collecting, holding, using, and disclosing personal information subsisting in the Content in accordance with the Privacy Terms.

3. How MahoneysAIM uses your personal information?

3.1 MahoneysAIM is powered by:

(a) ChatGPT-4, an AI model developed and maintained by OpenAI. By taking your Input and applying a series of sequential transformations using ChatGPT-4, MahoneysAIM aims to provide you with useful Output. During this process, your Input is provided to OpenAI, but it is not used by OpenAI to train its models; and
(b) Light String Labs Pty Ltd (Service Provider), an Australian AI development consultancy that provides the functionality behind MahoneysAIM, including the processing and storage of your Content. We will not, and will ensure the Service Provider does not, use any Input to train MahoneysAIM or any other AI, deep learning, or machine learning model.

3.2 This means that your Input will not be available to other users of MahoneysAIM or any other ChatGPT or OpenAI product.

3.3 However, we will use your Content to:

(a) contact you about your need for legal services;
(b) provide you with legal advice if you engage us as your lawyers;
(c) comply with our legal obligations; and
(d) protect the rights, privacy, safety, or property of any person.

4. Keeping your personal information secure

We will store and process Content securely using good practice physical, technical, and administrative security measures. However, exchanging information over the internet is not completely secure. Although we will take reasonable measures to protect the Content, we cannot guarantee the security of any Content, so any transmission is at your own risk.

5. How long do we keep your personal information?

We retain the data we collect for different periods of time depending on what it is and how we use it. We generally keep your information as needed to provide our goods and services to you and to manage any claims. We will retain your information as necessary to comply with legal, accounting, or regulatory requirements. Typical retention periods will range from 3 to 15 years.

6. Changes to this MahoneysAIM Privacy Policy

From time to time, we may change this >MahoneysAIM Privacy Policy. Any changes to the MahoneysAIM Privacy Policy will be published on our website. If we change anything important about this MahoneysAIM Privacy Policy (including the information we collect, how we use it, or why), we will highlight those changes at the top of the notice and provide a prominent link to it for a reasonable length of time following the change.

7. Questions

If you have any questions about how MahoneysAIM uses your personal information, please use the following contact details:

Address: Level 18/167 Eagle Street, Brisbane Qld 4000
Phone: (07) 3007 3777
Fax: (07) 3007 3778
Email: info@mahoneys.com.au