Victorian Consolidated Legislation

Equal Opportunity Act 1995 - SECT 44

Exception-credit providers

44. Exception-credit providers



(1) A credit provider may discriminate against an applicant for credit on the
basis of age by refusing to provide credit, or on the terms on which credit is
provided, if the criteria for refusal or the terms imposed-

   (a)  are based on-

   (i)  actuarial or statistical data on which it is reasonable for the credit
        provider to rely; or

   (ii) if there is no such data, on other data on which it is reasonable to
        rely; and

   (b)  are reasonable having regard to that data and any other relevant
        factors.

(2) In this section credit provider means a person who provides credit in the
course of a business carried on by that person.