Commonwealth Numbered Acts

LAW AND JUSTICE LEGISLATION AMENDMENT ACT 1991 No. 136 of 1991 - SECT 15

15. Section 18L of the Principal Act is amended:

   (a)  by inserting after paragraph (1)(b) the following paragraph:
  "(ba)   the report was obtained under paragraph 18K(1)(a), (b) or (c) and
the credit provider uses the report or information for the internal management
purposes of the credit provider, being purposes directly related to the
provision or management of loans by the credit provider; or";

   (b)  by omitting from subsection (4) ", in writing,";

   (c)  by inserting after subsection (4) the following subsection:

"(4A) For the purposes of subsection (4), the individual's agreement to the
information being obtained by the credit provider must be in writing unless:

   (a)  the information is obtained for the purpose of assessing an
        application for credit that was at first instance made orally; and

   (b)  the application has not yet been made in writing.".