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In force2020 Revised Edition

Part 3 · Duties of Licensed Credit Bureaus

22. Obligation to submit periodic reports

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(1)

A licensed credit bureau must submit to the Authority such reports or returns relating to its credit reporting business in such form, manner and frequency as the Authority may specify by written 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.

Report

Part 4

Audit of Licensed Credit Bureaus

Part 5

Approval of Approved Members

Part 6

Duties of Approved Members of Licensed Credit Bureaus

Part 7

Control of Substantial Shareholders, Controllers and Officers of Licensed Credit Bureaus

Part 8

Inspections and Investigations

Part 9

Authority’S Control Over Licensed Credit Bureaus

Part 10

Offences

Part 11

Appeals

Part 12

Miscellaneous

Schedules