Privacy Act 1988
PART IIIA
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CREDIT REPORTING
Division 3
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Credit providers
Subdivision D
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Dealing with credit eligibility information etc.
SECTION 21H
21H
PERMITTED CP USES IN RELATION TO INDIVIDUALS
A use by a credit provider of credit eligibility information about an individual is a permitted CP use in relation to the individual if:
(a) the relevant credit reporting information was disclosed to the provider under a provision specified in column 1 of the table for the purpose (if any) specified in that column; and
(b) the provider uses the credit eligibility information for the purpose specified in column 2 of the table.
View history note
Hide history noteA use by a credit provider of credit eligibility information about an individual is a permitted CP use in relation to the individual if:
(a) the relevant credit reporting information was disclosed to the provider under a provision specified in column 1 of the table for the purpose (if any) specified in that column; and
(b) the provider uses the credit eligibility information for the purpose specified in column 2 of the table.
| Permitted CP uses | ||
| Column 1 | Column 2 | |
| Item | The relevant credit reporting information was disclosed to the credit provider under ... | The credit provider uses the credit eligibility information for ... |
| 1 | item 1 of the table in subsection 20F(1) for the purpose of assessing an application for consumer credit made by the individual to the provider. | (a) a securitisation related purpose of the provider in relation to the individual; or
(b) the internal management purposes of the provider that are directly related to the provision or management of consumer credit by the provider. |
| 2 | item 2 of the table in subsection 20F(1) for a particular commercial credit related purpose of the provider in relation to the individual. | that particular commercial credit related purpose. |
| 3 | item 2 of the table in subsection 20F(1) for the purpose of assessing an application for commercial credit made by a person to the provider. | the internal management purposes of the provider that are directly related to the provision or management of commercial credit by the provider. |
| 4 | item 3 of the table in subsection 20F(1) for a credit guarantee purpose of the provider in relation to the individual. | (a) the credit guarantee purpose; or
(b) the internal management purposes of the provider that are directly related to the provision or management of any credit by the provider. |
| 5 | item 5 of the table in subsection 20F(1) . | the purpose of assisting the individual to avoid defaulting on his or her obligations in relation to consumer credit provided by the provider to the individual. |
| 6 | item 6 of the table in subsection 20F(1) for a particular securitisation related purpose of the provider in relation to the individual. | that particular securitisation related purpose. |
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