Part 1Preliminary

Part 1—Preliminary

1  Name

2  Commencement

3  Authority

4  This CR Code

5  Definitions

6  Schedules................................................5

Schedule 1—Repeals 6

Privacy (Credit Reporting) Code 2024 6

Schedule 2—The CR Code 7

Division 1—Preliminary 7

1  Application of this CR Code.....................................7

1A  Obligations to destroy information................................7

Division 2—Credit reporting agreements and arrangements 8

2  Credit reporting system arrangements................................8

3  Open and transparent management of credit reporting information...............8

Division 3—Collection of information 9

4  Credit providers’ information collection procedures.......................9

5  Practices, procedures and systems.................................10

Division 4—Credit information 13

6  Consumer credit liability information3

7  Information requests5

8  Repayment history information5

8A  Financial hardship information7

9  Default information2

10  Payment information3

11  Publicly available information4

12  Serious credit infringements4

Division 5—Dealing with credit information6

13  Transfer of rights of credit provider6

14  Permitted CRB disclosures7

15  Security of credit reporting information8

16  Use and disclosure of credit-related personal information by CPs and affected information recipients8

17  Protections for victims of fraud0

18  Credit reporting body use of credit reporting information to facilitate a credit provider’s direct marketing3

Division 6—Access to, and correction of, credit information4

19  Access4

20  Correction of information8

Division 7—Miscellaneous4

21  Complaints4

22  Record keeping5

23  Credit reporting system integrity6

24  Information Commissioner’s role4

 

Part 1—Preliminary

1  Name

  This instrument is the Privacy (Credit Reporting) Code 2025.