(a) This Part is adopted by the United Nations Development Corporation in compliance with the provisions of the Personal Privacy Protection Law, article 6-A of the Public Officers Law.

(b) The corporation shall maintain in its records only such personal information as is relevant and necessary to accomplish a purpose of the corporation that is required to be accomplished by statute or executive order, or to implement a program specifically authorized by law. Upon expiration of any possible statute of limitations respecting the rights and obligations of the corporation, it shall dispose of such records and personal information as are no longer useful or necessary for its purposes.

(c) Personal information will be collected by the corporation, whenever practicable, directly from the person to whom the information pertains.

(d) The corporation shall seek to ensure that all records pertaining to or used with respect to determinations about individuals are accurate, relevant, timely and complete and shall ensure that the provisions of this Part apply to any contract it executes for the operation of a system of records, or to contracts for research, evaluation or reporting by or on behalf of the corporation.