Privacy Act 1988
Offences
21R(1)
A credit provider commits an offence if:
(a) the provider discloses credit information under section 21D ; and
(b) the information is false or misleading in a material particular.
Penalty: 200 penalty units.
21R(2)
A credit provider commits an offence if:
(a) the provider uses or discloses credit eligibility information under this Division; and
(b) the information is false or misleading in a material particular.
Penalty: 200 penalty units.
Civil penalties
21R(3)
A credit provider must not disclose credit information under section 21D if the information is false or misleading in a material particular.
Civil penalty: 2,000 penalty units.
21R(4)
A credit provider must not use or disclose credit eligibility information under this Division if the information is false or misleading in a material particular.
Civil penalty: 2,000 penalty units.
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