Knowledge Server

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This text chunk contains following information extracted through processing and enrichment.

Section : (1) If:
Domain : Human Resource Management
Classification : Not Identified

Text Content


  • (a) a credit provider has disclosed default information about an individual to a credit reporting body; and
  • (b) the default information relates to a payment that the individual is overdue in making in relation to consumer credit (the original consumer credit ) that has been provided by the provider to the individual; and
  • (c) because of the individual being so overdue:
  • (i) the terms or conditions of the original consumer credit that relate to the repayment of the amount of credit are varied; or
  • (ii) the individual is provided with other consumer credit (the new consumer credit ) by a credit provider that relates, wholly or in part, to that amount of credit; then new arrangement information about the individual is a statement that those terms or conditions of the original consumer credit have been varied, or that the individual has been provided with the new consumer credit.

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