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Section : 21E Payment information must be disclosed to a credit reporting body
Domain : Human Resource Management
Classification : Not Identified
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If:
- (a) a credit provider has disclosed default information about an individual to a credit reporting body under section 21D; and
- (b) after the default information was disclosed, the amount of the overdue payment to which the information relates is paid; the provider must, within a reasonable period after the amount is paid, disclose payment information about the amount to the body under that section. Civil penalty: 500 penalty units.