Credit Bureau Act 2016 · 2020 Revised Edition · Part 5 · Approval of Approved Members
32. Right of appeal in respect of refusal of approval or revocation of approved members
Feedback & supportA licensed credit bureau that is aggrieved —
licensed credit bureau
“licensed credit bureau” means a credit bureau that is for the time being licensed;
by the refusal of the Authority to approve any of the licensed credit bureau’s members as an approved member or a class of its members as approved members of the licensed credit bureau; or
by the revocation by the Authority of its approval or deemed approval of an approved member of the licensed credit bureau,may, within 30 days after the refusal or the date on which the revocation takes effect, appeal in writing to the Minister.
A member of a licensed credit bureau that is aggrieved by the refusal of the Authority to approve it as an approved member of the licensed credit bureau may, within 30 days after the refusal, appeal in writing to the Minister.
member
“member”, in relation to a licensed credit bureau, means an entity that is obliged under any contract or arrangement with the licensed credit bureau to provide data to the licensed credit bureau, and is entitled under such contract or arrangement to —(a)receive or request data from the licensed credit bureau;(b)use data received from the licensed credit bureau; and(c)disclose data received from the licensed credit bureau;
A former approved member of a licensed credit bureau that is aggrieved by the revocation by the Authority of its approval or deemed approval as an approved member of the licensed credit bureau may, within 30 days after the revocation, appeal in writing to the Minister.
approved member
“approved member”, in relation to a licensed credit bureau, means a member of the licensed credit bureau that is —(a)deemed to be an approved member of the licensed credit bureau under section 29(1); or(b)approved by the Authority under section 29(6)(a);