National Consumer Credit Protection Amendment (Mandatory Credit Reporting and Other Measures) Act 2021 (5 of 2021)

Schedule 2   Financial hardship and other amendments

Part 2   Related amendments

National Consumer Credit Protection Act 2009

18   Subsection 133CU(1) (after table item 3)

Insert:

4

financial hardship information comes into existence for an eligible credit account on or after the later of:

(a) 1 July 2022; and

(b) the day after the first day mandatory credit information for the account is supplied by the licensee to the CRB under this Division

the financial hardship information