Singapore legislation

Clause 3

Purpose of Act

The purpose of this Act is to regulate —

(a)

licensed credit bureaus;

(b)

approved members of any licensed credit bureau in relation to —

(i)

their providing data to the credit bureau for the purpose of the credit bureau’s credit reporting business; and

(ii)

their using and disclosing data received from the credit bureau in the course of the credit bureau’s credit reporting business; and

(c)

matters relating to or connected with the above.