National Consumer Credit Protection Act 2009

CHAPTER 3 - RESPONSIBLE LENDING CONDUCT  

PART 3-2CA - LICENSEES SUPPLYING CREDIT INFORMATION TO CREDIT REPORTING BODIES ETC.  

Division 1 - Introduction  

SECTION 133CQ   MEANING OF SUPPLY REQUIREMENTS  

133CQ(1)    
Information is supplied in accordance with the supply requirements if the supply is in accordance with:

(a)    the registered CR code (within the meaning of the Privacy Act 1988 ); and

(b)    any determination under subsection (2); and

(c)    any technical standards approved under subsection (4).

133CQ(2)    
For one or more kinds of information to be supplied under this Part, ASIC may, by legislative instrument, determine particulars of the information that must be included in the supply.

133CQ(3)    
Despite subsection 14(2) of the Legislation Act 2003 , a determination under subsection (2) may make provision in relation to a matter by applying, adopting or incorporating, with or without modification, any matter contained in any other instrument or writing as in force or existing from time to time.

133CQ(4)    
ASIC may, in writing, approve technical standards for supplying one or more kinds of information under this Part.

133CQ(5)    
If there is an inconsistency between:

(a)    the registered CR code (within the meaning of the Privacy Act 1988 ); and

(b)    a determination under subsection (2) or a technical standard approved under subsection (4);

the registered CR code prevails to the extent of the inconsistency.