PRIVACY ACT 1988

PART II - INTERPRETATION  

Division 2 - Key definitions relating to credit reporting  

Subdivision B - Other definitions  

SECTION 6T   6T   MEANING OF PAYMENT INFORMATION  


If:


(a) a credit provider has disclosed default information about an individual to a credit reporting body; and


(b) on a day after the default information was disclosed, the amount of the overdue payment to which the information relates is paid;

then payment information about the individual is a statement that the amount of the overdue payment has been paid on that day.




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