ANTI-DISCRIMINATION ACT 1977 - SECT 49ZYU Credit applications

ANTI-DISCRIMINATION ACT 1977 - SECT 49ZYU

49ZYU Credit applications

Nothing in this Part renders unlawful discrimination against a person on the ground of age with respect to the criteria on which an application for credit is assessed or the terms on which credit is offered or may be obtained if--

(a) those criteria or terms--

(i) are based on actuarial or statistical data from a source on which it is reasonable to rely or, if there are no such data, on such other data as may be available, and

(ii) are reasonable having regard to the data and any other relevant factors, and

(b) the sources on which the data are based and those relevant factors (if any) are disclosed to the Tribunal, if the Tribunal so requires.