Privacy Act 1988
20PFalse or misleading credit reporting information
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20P False or misleading credit reporting information
Offence (1) A credit reporting body commits an offence if: (a) the body uses or discloses credit reporting information under this Division (other than subsections 20D(2) and 20T(4)); and (b) the information is false or misleading in a material particular.
Penalty: 200 penalty units.
Civil penalty (2) A credit reporting body must not use or disclose credit reporting information under this Division (other than subsections 20D(2) and 20T(4)) if the information is false or misleading in a material particular.
Civil penalty: 2,000 penalty units.