Privacy Act 1988
PART IIIA
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CREDIT REPORTING
Division 3
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Credit providers
Subdivision C
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Dealing with credit information
SECTION 21EA
21EA
FINANCIAL HARDSHIP INFORMATION MUST BE DISCLOSED
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;
View history note
Hide history noteIf: (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.
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