Privacy Act 1988

PART IIIA - CREDIT REPORTING  

Division 2 - Credit reporting bodies  

Subdivision E - Integrity of credit reporting information  

SECTION 20P   FALSE OR MISLEADING CREDIT REPORTING INFORMATION  

Offence

20P(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

20P(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.