Singapore legislation
Section 77
Section 77
Duty to provide loan information report
(1)
Upon the request of any person, the designated credit bureau must, within one business day after the request or any other period that the Minister may prescribe, provide the person with a loan information report —
that is prepared using data in the possession or under the control of the designated credit bureau; and
that contains such information as the Minister may prescribe relating to —
each loan granted by a licensee to that person that has not been fully repaid or in respect of which the contract for the loan has not otherwise been terminated; and
any pending application for a loan made by that person from any licensee.
(2)
The designated credit bureau may charge a person a fee each time the designated credit bureau provides the person with a loan information report under subsection (1).
(3)
The designated credit bureau must provide the loan information report mentioned in subsection (1) to a person, in one of the following forms at the person’s option:
a physical copy to be collected by the person at the registered office of the designated credit bureau;
a physical copy sent by registered post to an address specified by the person;
an electronic copy sent by email to an email address specified by the person.
(4)
If the designated credit bureau without reasonable excuse contravenes subsection (1) or (3), the designated credit bureau shall be guilty of an offence and shall be liable on conviction —
to a fine not exceeding $250,000; and
in the case of a continuing offence, to a further fine not exceeding $25,000 for every day or part of a day during which the offence continues after conviction.[30Y