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PRIVACY ACT 1988 - SECT 21R

False or misleading credit information or credit eligibility information

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.



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