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PRIVACY ACT 1988 - SECT 21EA Financial hardship information must be disclosed

PRIVACY ACT 1988 - SECT 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;

the credit provider must, at the same time, disclose the financial hardship information to the credit reporting body.

Civil penalty:   500 penalty units.