PRIVACY ACT 1988 - SECT 21R False or misleading credit information or credit eligibility information

PRIVACY ACT 1988 - SECT 21R

Offences

  (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.

  (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

  (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.

  (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.