Document Chunk
This text chunk contains following information extracted through processing and enrichment.
Section : 21F Limitation on the disclosure of credit information during a ban period
Domain : Human Resource Management
Classification : Not Identified
Text Content
- (1) This section applies if:
- (a) a credit reporting body holds credit reporting information about an individual; and
- (b) a credit provider requests the body to disclose the information to the provider for the purpose of assessing an application for consumer credit made to the provider by the individual, or a person purporting to be the individual; and
- (c) the body is not permitted to disclose the information because there is a ban period for the information; and
- (d) during the ban period, the provider provides the consumer credit to which the application relates to the individual, or the person purporting to be the individual.
- (2) If the credit provider holds credit information about the individual that relates to the consumer credit, the provider must not, despite sections 21D and 21E, disclose the information to a credit reporting body.
- (3) Subsection (2) does not apply if the credit provider has taken such steps as are reasonable in the circumstances to verify the identity of the individual. Civil penalty: 2,000 penalty units.