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Section : Section 20E
Domain : Human Resource Management
Classification : Not Identified

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(a) in the case of a credit provider:
(i) collecting payments that are overdue in relation to consumer credit provided by the provider to the individual; or
(ii) collecting payments that are overdue in relation to commercial credit provided by the provider to a person; or
(iii) assessing whether to accept the individual as a guarantor in relation to credit for which an application has been made to the provider by a person other than the individual; or
(b) in the case of a mortgage insurer-assessing the risk of the individual defaulting on mortgage credit in relation to which the insurer has provided insurance to a credit provider.
(5) If a credit reporting body discloses credit reporting information under this section, the body must make a written note of that disclosure. Civil penalty:
2,000 penalty units. Civil penalty:
500 penalty units. Note: Other Acts may provide that the note must not be made (see for example the Australian Crime Commission Act 2002 and the National Anti-Corruption Commission Act 2022 ). No use or disclosure for the purposes of direct marketing