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 133CO   MEANING OF ELIGIBLE CREDIT ACCOUNT  

133CO(1)    
An eligible credit account is an account that:

(a)    relates to the provision, or possible provision, of consumer credit (within the meaning of the Privacy Act 1988 ); and

(b)    is held by one or more natural persons with a credit provider; and

(c)    is not of a kind determined under subsection (2).

133CO(2)    
ASIC may, by legislative instrument, determine one or more kinds of account for the purposes of paragraph (1)(c).