28TAOngoing supplies of mandatory credit information

#### 28TA Ongoing supplies of mandatory credit information (1) For the purposes of item 6 of the table in subsection 133CU(1) of the Act, an event of the kind specified in column 1 of an item in the following table, and information of the kind specified in column 2 for that kind of event, are prescribed. ```html <table cellspacing="0" cellpadding="0" style="border-collapse:collapse"><thead><tr><td colspan="3" style="width:419.25pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Prescribed events and information</span></p></td></tr><tr><td style="width:34.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Item</span></p></td><td style="width:234.15pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Column 1</span></p></td><td style="width:128.6pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Column 2</span></p></td></tr><tr><td style="width:34.9pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span></span></p></td><td style="width:234.15pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Event</span></p></td><td style="width:128.6pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Information</span></p></td></tr></thead><tbody><tr><td style="width:34.9pt; border-top:1.5pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>1</span></p></td><td style="width:234.15pt; border-top:1.5pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Repayment history information (within the meaning of the </span><span style="font-style:italic">Privacy Act 1988</span><span>) comes into existence for an eligible credit account at a particular time (the </span><span style="font-weight:bold; font-style:italic">event time</span><span>), provided that:</span></p><p class="Tablea"><span>(a) mandatory credit information for the account has previously been supplied by the licensee to the credit reporting body under Division</span><span> </span><span>2 of Part</span><span> </span><span>3</span><span>‑</span><span>2CA of the Act; and</span></p><p class="Tablea"><span>(b) if the event time is during the period:</span></p><p class="Tablei"><span>(i) starting on the day after that supply; and</span></p><p class="Tablei"><span>(ii) ending on 30</span><span> </span><span>June 2022;</span></p><p class="Tablea"><span style="width:14.2pt; text-indent:0pt; display:inline-block"></span><span>no arrangement of the kind covered by subregulation</span><span> </span><span>(2) is, or has been, in place in relation to the account during any part of that period that is before the event time; and</span></p><p class="Tablea"><span>(c) if:</span></p><p class="Tablei"><span>(i) the event time is after that period; and</span></p><p class="Tablei"><span>(ii) during any part of that period, one or more arrangements of the kind covered by subregulation</span><span> </span><span>(2) were in place in relation to the account;</span></p><p class="Tablea"><span style="width:14.2pt; text-indent:0pt; display:inline-block"></span><span>all of those arrangements have ceased to be in place before the event time</span></p></td><td style="width:128.6pt; border-top:1.5pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The repayment history information</span></p></td></tr></tbody></table> ``` (2) This subregulation covers an arrangement, in relation to an eligible credit account, if: (a) the arrangement is an agreement, undertaking or other kind of arrangement, whether formal or informal, whether express or implied and whether or not enforceable, or intended to be enforceable, by legal proceedings; and (b) the arrangement is between: (i) a holder of the account; and (ii) the credit provider with whom the account is held; in relation to the inability of the holder to meet the holder’s obligations relating to consumer credit (within the meaning of the Privacy Act 1988) relating to the account; and (c) the arrangement affects the monthly payment obligations of the holder and is either: (i) a permanent variation to the terms of the consumer credit; or (ii) a temporary relief from or deferral of the holder’s obligations in relation to the consumer credit; (whether the arrangement was entered into before or after this regulation commences).