Singapore legislation

Regulation 22H

of Moneylenders Rules 2009

Regulation 22H

Information to be kept by designated credit bureau relating to correction of data

The following information to be kept by the designated credit bureau is prescribed for the purposes of section 78(7)(f) of the Act:

(a)

in the case of data that is corrected pursuant to a request under section 78(1) of the Act — the date on which the designated credit bureau informed the person who submitted the request of the outcome of the request;

(b)

if the data in question was corrected —

(i)

the date on which the data was corrected;

(ii)

a record of the data in question immediately before it was corrected;

(iii)

a record of the corrected data; and

(iv)

if the error or omission in the data in question occurred or arose out of or in the course of processing the data in question by the designated credit bureau, or as a result of any malfunction in the information technology system used by the designated credit bureau — a brief description of any preventive measure taken by the designated credit bureau to avoid a recurrence of the error or omission in question.

Read in full context — Moneylenders Rules 2009 →