Commonwealth Numbered Acts

LAW AND JUSTICE LEGISLATION AMENDMENT ACT 1991 No. 136 of 1991 - SECT 18

18. Section 18P of the Principal Act is amended:
(a) by omitting from subsection (1) "assessing";

   (b)  by omitting paragraph (1)(a) and substituting the following paragraph:
       "(a)   assessing whether to provide insurance to, or
the risk of providing insurance to, a credit provider in respect of mortgage
credit given by the credit provider to the individual concerned or applied for
by the individual concerned to the credit provider; or";
(c) by inserting in paragraph (1)(b) "assessing" before "the risk";

   (d)  by inserting after paragraph (1)(b) the following word and paragraph:
     "; or (c)   any purpose arising under the contract for
mortgage insurance that has been entered into between a credit provider and
the mortgage insurer;";

   (e)  by adding at the end the following subsection:

"(7) A reference in this section to a credit report is taken to include a
reference to a report or information disclosed to a mortgage insurer under
paragraph 18N(1)(bb).".