PRIVACY ACT 1988 - SECT 6T Meaning of payment information

PRIVACY ACT 1988 - SECT 6T

    If:

  (a)   a credit provider has disclosed default information about an individual to a credit reporting body; and

  (b)   on a day after the default information was disclosed, the amount of the overdue payment to which the information relates is paid;

then payment information about the individual is a statement that the amount of the overdue payment has been paid on that day.