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StatutePrivacy Act 1988

Section 21EA — Privacy Act 1988: Financial hardship information must be disclosed

Text of the provision Official document

If: (a) a credit provider discloses to a credit reporting body repayment history information about an individual in relation to a monthly payment under section 21D; and (b) financial hardship information about that individual exists in relation to that monthly payment; the credit provider must, at the same time, disclose the financial hardship information to the credit reporting body. Civil penalty: 500 penalty units.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.