Singapore legislation

Section 36

of Credit Bureau Act 2016

Section 36

Duty to submit data to licensed credit bureau

(1)

The Authority may, by written notice, require an approved member of a licensed credit bureau to provide to the licensed credit bureau, such data relating to the licensed credit bureau’s credit reporting business within such period and in such manner as the Authority may specify in the notice.

(2)

Any person that contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000 and, in the case of a continuing offence, to a further fine not exceeding $10,000 for every day or part of a day during which the offence continues after conviction.

Section 36 — Credit Bureau Act 2016 | laws.sg