Clause 20

Subject to subsections (2) and (4), the designated credit bureau may, upon the request of a licensee, prepare and deliver to the licensee a report (called in this section a business report) in relation to the licensee —

for the purposes of facilitating or assisting the licensee to develop or improve strategies, standards or practices in respect of the business of moneylending carried on or conducted by the licensee; and

that is prepared using one or more of the following:

borrower information provided by —

the licensee; or

the licensee and one or more other licensees;

any information in a credit report in relation to —

applicants for loans from the licensee; and

borrowers to whom loans have been granted by the licensee;

any information relating to the applicants and borrowers mentioned in sub‑paragraph (ii) that is processed by the designated credit bureau in the course of preparing, providing or maintaining a credit report in relation to those applicants and borrowers.(2) A business report must not contain any information that the Minister may prescribe.(3) For the purposes of subsection (2), different information or types of information may be prescribed in respect of business reports prepared and delivered for different classes or descriptions of licensees.(4) The designated credit bureau may, for every business report prepared and delivered to a licensee under subsection (1), charge a fee not exceeding an amount that is approved by the Registrar.”.