PRIVACY ACT 1988

PART IIIB - PRIVACY CODES  

Division 3 - Registered CR code  

Subdivision A - Compliance with the registered CR code  

SECTION 26N   WHAT IS A CR CODE  

26N(1)  
A CR code is a written code of practice about credit reporting.

26N(2)  
A CR code must:


(a) set out how one or more of the provisions of Part IIIA are to be applied or complied with; and


(b) make provision for, or in relation to, matters required or permitted by Part IIIA to be provided for by the registered CR code; and


(c) bind all credit reporting bodies; and


(d) specify the credit providers that are bound by the code, or a way of determining which credit providers are bound; and


(e) specify any other entities subject to Part IIIA that are bound by the code, or a way of determining which of those entities are bound.

26N(3)  
A CR code may do one or more of the following:


(a) impose additional requirements to those imposed by Part IIIA , so long as the additional requirements are not contrary to, or inconsistent with, that Part;


(b) deal with the internal handling of complaints;


(c) provide for the reporting to the Commissioner about complaints;


(d) deal with any other relevant matters.

26N(4)  
A CR code may be expressed to apply differently in relation to:


(a) classes of entities that are subject to Part IIIA ; and


(b) specified classes of credit information, credit reporting information or credit eligibility information; and


(c) specified classes of activities of entities that are subject to Part IIIA .

26N(5)  
A CR code is not a legislative instrument.




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