PRIVACY ACT 1988

PART II - INTERPRETATION  

Division 2 - Key definitions relating to credit reporting  

Subdivision B - Other definitions  

SECTION 6V   MEANING OF REPAYMENT HISTORY INFORMATION  

6V(1)  
If a credit provider provides consumer credit to an individual, the following information about the consumer credit is repayment history information about the individual:


(a) whether or not the individual has met an obligation to make a monthly payment that is due and payable in relation to the consumer credit;


(b) the day on which the monthly payment is due and payable;


(c) if the individual makes the monthly payment after the day on which the payment is due and payable - the day on which the individual makes that payment.

6V(2)  
The regulations may make provision in relation to:


(a) whether or not an individual has met an obligation to make a monthly payment that is due and payable in relation to consumer credit; and


(b) whether or not a payment is a monthly payment.




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